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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BOAT MISHAP CLAIMS 12 LIVES IN NIGER.(PHOTO).

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BOAT MISHAP CLAIMS 12 LIVES IN NIGER


Boat mishap from two seperate accidents in two Local Government Areas of Niger state has claimed twelve lives.

Acting Director General Niger State Emergency Management Agency NSEMA Alhaji Salihu Garba announced this in an interview with Newsmen in Minna the state capital.

Alh Salihu Garba explained that the incident which occured recently in two Local Government Areas of Borgu and Shiroro also left some other people injured.

Accoding to him ten people have died from the two incidences of boat mishap at Wulakani community in Borgu Local Government Area of Niger state while another two lost their lives from the boat mishap at Gusoro, Shiroro Local Government Area.

He attributed causes of the accidents to strong wind, under water storm, overloading and lack of adherence to safety rules as well as non application of life jackets by some drivers.

Alh Salihu Garba further explained that the Niger State Emergency Management Agency NSEMA is not resting on its oars in educating and enlightening those engaged on water transport on safety measures to overcome problems associated with boat mishap and other challenges for maximum benefits.

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