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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GUNMEN KIDNAP BENUE COMMISSIONER. (PHOTO)

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Gunmen kidnap Benue Commissioner

Gunmen yet-to-be identified have abducted Benue State Commissioner for Information, Culture and Tourism, Matthew Abo

DAILY POST gathered that the incident occurred on Sunday night at about 10pm when the armed men invaded the Commissioner’s residence in Zaki-Biam, headquarters of Ukum Local Government Area of the state.

According to an eye-witness, the gunmen who invaded the area on four motorcycles, forcefully entered the commissioner’s house shooting sporadically.

The assailants ordered everyone in the house, including the Commissioner‘s wife and children to lie face down, after which they whisked him away to an unknown destination.


 

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