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

FAMILY OF 6 DIE THE SAME DAY IN AUTO CRASH IN CROSS RIVER.(PHOTO).


Family Of 6 Die The Same Day In Auto Crash.

Tragedy struck Ugep community in Yakurr local government area of Cross River state as six members of Mr Edet Eteng’s family died in a ghastly motor accident.

The auto crash, which occurred along Bekwara – Abochiche road, involved two vehicles and claimed the lives of a whole family numbering six including Mr Eteng, the wife and four of his children.

Eteng and the family live in Abuja and was at his village (Ugep) with his family for the long holiday as well as to celebrate the Leboku festival.

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