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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STUDENT DROWNS DURING SWIMMING EXPEDITION IN ABIA STATE.(PHOTO).

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SAD: Student dr0wns during swimming expedition in Abia State
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 Abia Poly student and only son of his parents drowned in a River in Umuahia while swimming. 

A young man, Chidera Keneth, believed to be a student of Abia State Polytechnic, Aba, has drowned in the Umuchime River in Umuahia.

The student, who was said to be the only male child of his parents, drowned in the river, the weekend while trying to ‘cool off’ during a hot afternoon, with some of his friends who came with him for a swimming expedition.

According to the report, gathered that Chidera did not understand the tide and depth of the river before jumping in to swim.
#annyglobal

 

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