INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

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  Indian billionaire Gautam Adani charged in US for alleged bribery, fraud Gautam Adani, the chair of Indian conglomerate Adani Group and one of the world’s richest people, whose business empire extends from ports and airports to renewable energy,has been indicted in New York over an alleged multibillion-dollar fraud scheme, United States prosecutors have said. The authorities on Wednesday charged Adani and two other executives at Adani Green Energy, his nephew Sagar Adani and Vneet Jaain, with agreeing between 2020 and 2024 to pay more than $250m in bribes to Indian government officials to obtain solar energy supply contracts expected to yield $2bn in profits. Prosecutors said the renewable energy company also raised more than $3bn in loans and bonds during this period based on false and misleading statements. Shares of Adani Enterprises, the group's flagship firm, closed down 22% on Thursday. Other group firms also closed in the red. Adani Green Energy, which is the firm at the c
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FOUR ARRESTED AS BANK STAFF PUSHES DEBTOR’S WIFE TO DEATH. (PHOTO).

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Four arrested as bank staff pushes debtor’s wife to death. 

Four staff of ZEFA Microfinance Bank have been arrested after one of them pushed a 50-year-old Vivian Omo, the wife of their debtor which led to her death. The suspects whose bank is situated at Abule Ijoko Lemode area of Ifo local government area of Ogun state reportedly went to the house of their debtor and started packing the belongings of the defaulter.

The Police Public Relations Officer in the state, SP, Abimbola Oyeyemi, confirmed the incident in a statement on Sunday. Oyeyemi explained that the four suspects have been arrested by men of the state police command.

The PPRO said the suspects; Badmus Olalekan, Ajibade Oludare, Eniola Aduragbemi and Femi Oloko were arrested on Wednesday.
Oyeyemi said, “Trouble started when the bank staffers visited the home of the deceased to ask for the payment of a loan taken from the bank by the deceased’s husband but they were told that the man was not at home. “Not satisfied with the woman’s explanation about the whereabouts of her husband, the bank staff decided to pack all the electronics in the house to their office a step that was resisted by the deceased.

“While the deceased was struggling with the Bank’s staff, one of them pushed her and she fell down and was unconscious. “She was there and then rushed to hospital for medical attention, but was confirmed dead by the doctor on duty. “The report was quickly lodged at Agbado divisional headquarters by the daughter of the deceased, consequence upon which the DPO Agbado division, CSP Awoniyi Adekunle, quickly led his detectives to the scene where four staff of the bank namely; Badmus Olalekan, Ajibade Oludare, Eniola Aduragbemi and Femi Oloko were arrested.
“The corpse has been deposited at Ifo General Hospital morgue for autopsy.”

The PPRO however, said the Commissioner of Police, Olanrewaju Oladimeji, has ordered the immediate transfer of the suspects to the Homicide section of the state Criminal Investigation Departments for further investigation. He said, “The CP also warned loan agencies to stop taking laws into their hands in the process of recovering loans from their debtors, as anyone caught in such act will be arrested and prosecuted.”

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