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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COMMUNAL CRISIS: OSUN GOVT IMPOSES CURFEW IN TWO COMMUNITIES. (PHOTO).

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Communal crisis: Osun govt imposes curfew in two communities

Following the communal clash that is brewing between Ilobu and Ifon communities over the alleged killing of an indigene of Ilobu man by the Ifons, Osun state Governor, Senator Ademola Adeleke on Sunday imposed curfew between the hours of 8 pm every night, and 6 am in the morning to get before the law in the two towns.

The state Commissioner for Information and Public Enlightenment, Hon Kolapo Alimi who made this known via a notice to the affected domains in Osogbo, said: “This is to inform the public that the attention of the Osun state government has been drawn to the communal clash on land dispute between Ilobu and Ifon communities.

“Based on this, Governor Ademola Adeleke has directed that curfew begins immediately in the two local governments: Orolu and Irepodun local governments.

“The curfew will start between the hours of 8 pm every night, and 6 am in the morning. Human and vehicular movement is hereby restricted during the curfew till further notice.

“This is to forestall attempts of destruction of lives and properties during this period, because of the land dispute.

“Anyone caught wandering or moving around in Irepodun and Orolu local governments during the curfew period will be arrested and prosecuted appropriately,” he submitted.

 

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