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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POLICE SMASH KIDNAPPING SYNDICATE, ARREST SUSPECTS IN YOBE.(PHOTO).

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 Police smash kidnapping syndicate, arrest suspects in Yobe


The Yobe State Police Command has bursted a kidnapping syndicate in Fune Local Government Area of the state.

Spokesperson of the Command, Dungus Abdulkarim, disclosed this in a statement made available to newsmen in Damaturu on Wednesday.

He said two suspects were arrested in the operation, while one victim was rescued.

According to him, police operatives from the Damagun Divisional Headquarters apprehended the syndicate, which operates along Potiskum, Fune and Nangere axis.

He added that the raid led to the arrest of the syndicate’s kingpin, a 40-year-old, Barum Alh Makau, as well as a 27-year-old associate identified as Rufai Alh Labe.

The police spokesperson said the suspects were apprehended a day after they abducted a 40-year-old woman alongside her 25-year-old son, at Gelel village, in Fune local Government Area.

He added that, prior to their arrest, the kidnappers demanded N7 million as ransom for the woman after releasing her son.

“However, discreet investigation is currently ongoing at the State CID where weapons used in the perpetration of the crime such as five live ammunition, pump action guns, one AK47 rifle, cutlass, bow and arrows as well as locally made bulletproof jacks were recovered,” he said.

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