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

TROOPS NEUTRALISE 4 SUSPECTED BANDITS, ARREST 120 OTHERS IN PLATEAU, KADUNA. (PHOTO).



Troops neutralise 4 suspected bandits, arrest 120 others in Plateau, Kaduna




Troops of Operation Safe Haven (OPSH) Special Military Task Force maintaining peace in Plateau and parts of Bauchi and Kaduna states, have neutralised four suspected bandits.


Capt. James Oya, the Media Officer of the operation made this known in a statement on Monday in Jos.


The troops, he said, also arrested 120 others over various criminal acts within its areas of operation between Oct. 16 and Oct. 22.


Oya said that some of the suspects were arrested for alleged kidnapping, armed robbery, cattle rustling and drug peddling, among other criminal acts.


He explained that other suspects were arrested over illegal possession of arms and ammunitions, adding that it rescued four kidnapped victims during the operation.


“Within the period under review, we neutralised four suspected bandits, arrested 73 suspects with arms and ammunition and 37 others for kidnapping.


“We rescued four kidnapped victims, arrested two suspected cattle rustlers and four suspected drugs peddlers.


“We prevented five attacks on vulnerable communities and promptly responded to 28 distress,” he said.


The troops, he added, also recovered sophisticated weapons from some of the suspects.


He said some suspects who were arrested for car and motorcycle theft have been handed over to police for prosecution. 

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