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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JAPA: NAVY NABS FIVE STOWAWAYS ON SPAIN-BOUND SHIP.(PHOTO).

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JAPA: Navy nabs five stowaways on Spain-bound ship

The Nigerian Navy, NNS Beecroft’s patrol team on August 26, 2023, apprehended five Nigerian stowaways trying to exit the country.

They were reportedly arrested onboard a vessel, MSC Martha heading to Spain within the vicinity of the Lagos anchorage.

The Commander, NNS Beecroft, Kolawale Oguntuga, while handing the suspects over to the Nigerian Immigration Service at the Naval Base Apapa, Lagos on Wednesday said their arrest was carried out following a tipoff.

Oguntuga gave the names of the stowaways as Effiong Okon, 44; Ayewuni Daniel, 27; Ajagboma Asiko, 29; Adebanjo Ayewumi, 23; and Christian Joseph, 25.

He said, “The Nigerian Navy, NNS Beecroft’s patrol team executed a commendable operation resulting in the apprehension of five stowaways aboard a vessel -MSC Martha.

“The operation was carried out on August 26, 2023, around 11.50pm following a reliable tip-off.

“Their arrest took place within the vicinity of the Lagos anchorage, while they were attempting to clandestinely exit the country via the vessel.”

Oguntuga added that mobile phones, some personal effects and a cash sum of N7,900 were found on them.

“The apprehended stowaways have been handed over to the appropriate authorities and are currently held in custody. We will continue to cooperate with the relevant authorities to ensure appropriate legal actions are taken,” he said.

 

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