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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PIRATES ATTACK, HIJACK TWO PASSENGER BOAT IN RIVERS.(PHOTO).

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Pirates attack, hijack two passenger boats in Rivers

15th Jun 2023 

Passengers and seafarers along the Port Harcourt-Abonnema-Kula route in Rivers State have been thrown into panic following recent hijack of two boats on the route by pirates.

It was reported that one of the passengers inside the two boats, a woman, was thrown into the River by the pirates, but she was later rescued.

As was learnt, the passengers were travelling from Abonema to Kula, both in the Akuku-Toru Local Government Area of the state, when the pirates attacked their boats in the middle of the sea.

Officials of the Maritime Workers Union of Nigeria (MWUN) in the area confirmed the hijack of the two boats to newsmen

The officials said the boats were each carrying 12 passengers, most of who jumped into the River in a bid to escape abduction following the attack by the pirates.

Also, MWUN chairman in Rivers State, Israel Pepple, expressed worry that attacks along the waterways have resurfaced after a noticeable calm. 

 

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