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 INJURED AS GUNMEN INVADE EX-MINISTER'S RESIDENCE.(PHOTO).

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Four Injured As Gunmen Invade Ex-minister’s residence

July 23, 2023

Governor Abdullahi Sule of Nasarawa State has condemned the gunmen’s attack on the residence of Labaran Maku, a former Minister of Information.

This is contained in a statement signed by Peter Ahemba, senior special assistant to the governor on public affairs, on Sunday in Lafia.

Gunmen had, on Saturday night, forced themselves into the residence of the former minister and, in the process, injured four security personnel.

The criminals, however, escaped when the military promptly arrived at the scene shortly after they were informed.

The governor, who described the incident as unfortunate, said he had directed the police and other security agencies to arrest the criminal elements and ensure they face the full wrath of the law.

Mr Sule reassured residents of the state government’s readiness to secure the lives and property of the citizens, adding that the general well-being of the people remains a top priority of his administration.

“The state government is already partnering with the top military command, the police and other paramilitary agencies to ensure that the bandits fleeing from other parts of the country as a result of military onslaughts against them do not have hiding places in Nasarawa State,” he said.

Mr Sule also warned criminal elements operating under whatever guise to desist from the evil acts, insisting that the state has no place to harbour criminals.

The governor, who extended his deepest sympathy to Maku over the unfortunate incident, promised to stem the tides of insecurity in all parts of the state.


 

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