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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UNIDENTIFIED TRANSFORMER CABLE THIEF ELECTROCUTED IN NIGER.(PHOTO).

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Unidentified transformer cable thief electrocuted in Niger

An unidentified man has been electrocuted while attempting to steal transformer cables in the early hours of Friday on the premises of the Niger State Printing Press in Minna, Niger State.

The News Agency of Nigeria reports that the corpse of the man was found by some staff of the printing press hanging on the transformer.

The head, Legal Unit of the Abuja Electricity Distribution Company, Aminu Ubandoma, confirmed the incident to newsmen.

He said the company had been receiving several reports of transformers being vandalised.

Ubandoma disclosed that the company was working with security agencies, especially the police, to ensure that the rate of transformer vandalism was reduced to the barest minimum.

 Man nabbed for stealing IBEDC transformer parts
Also confirming the incident, the spokesperson of the Niger Police Command, DSP Wasiu Abiodun, said the incident occurred around the old secretariat area, on the premises of the printing press.

Abiodun said the body had been deposited at Mina General Hospital.

He revealed that effort was ongoing to locate the relative of the deceased and that the matter was under investigation in collaboration with the AEDC.
 

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