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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GUNMEN KIDNAPS BUSINESS WOMAN IN PORT HARCOURT. (PHOTO).

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Gunmen kidnaps business woman in Port Harcourt

Gunmen suspected to be Kidnappers on Friday 7 July,2023 abducted a business woman known as Mrs Onyi Ugba at Okija street, Mile 2 Diobu PortHarcourt at about 6:40pm we learnt.

We gathered that the gunmen who were about five in number and heavily armed, stormed the Superstore of Mrs Ugba located at Umuoji junction/Okija street to demand that the business woman hand over to them,all the money she made from sales for the day.

The source said the gunmen got infuriated when the woman could not provide enough money which made the criminals to change their plan from robbery to abducting her .

We learnt that people scampered to safety as the gunmen shot sporadically while whisking Mrs Ugba away.Personnel of Mile 1 Police Diobu,however, arrived the scene minutes after the hoodlums have left.

The spokesperson for the Rivers State Police Command,SP Grace Iringe Koko confirmed the incident to our reporter.

SP Koko disclosed that efforts are in top gear by the Police to rescue the victim unhurt and ensure the arrest of the perpetrators while adding that investigation is ongoing.

Recall that in the month of December,2022 suspected armed robbers robbed Mrs Ugba of huge amount of money running into millions when they stormed her Superstore at the same Okija street.

The incident was reported to Mile 1 Police Division but the suspects are yet to be arrested before the latest incident on Friday.

 

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