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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BANDITS DEMAND N4M FOR RELEASE OF NYSC MEMBER KIDNAPPED IN ZAMFARA. (PHOTO).

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Bandits demand N4m for release of NYSC member kidnapped in Zamfara

25th Aug 2023 

Some bandits have demanded N4 million as ransom to secure the release of one of the National Youth Service Corp (NYSC) members abducted within the Zamfara State territory.

The armed bandits reportedly abducted eight members of the National Youth Service Corps (NYSC) along a highway within Zamfara State on Friday.

The recent graduates were said to have been travelling with an Akwa Ibom Transport Company (AKTC) bus from Uyo, Akwa Ibom to Sokoto State, to take part in the mandatory National Service when their vehicle was intercepted.

Emmanuel Etteh, the father of one of the victims, Glory Thomas, confirmed the latest development to Channels Television in a telephone conversation on Friday.

Etteh told our correspondent that the bandits called with their number to inform him about the abduction of his daughter and asked him to pay N4 million to secure her release.

“They called me with their line; they asked me to pay N4 million. I spoke with my daughter because I asked how they wanted us to pay; she said we should contact the AKTC,” the troubled father said.

“Since that time, they have not called and I have not spoken with my daughter. I don’t know if they have released them but my daughter has not called me.”

The police command in Zamfara State has yet to comment on the abduction.

However, a military source who preferred anonymity had earlier confirmed the abduction to Channels Television, adding that a rescue team is currently combing the forest in order to rescue the victims unhurt. (Channels TV)

 

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