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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KOGI GOVT CONFIRMS RESCUE OF 21 KIDNAP VICTIMS. (PHOTO).

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Kogi Govt confirms rescue of 21 kidnap victims


The Kogi State Government on Saturday evening confirmed the rescue of 21 kidnap victims in Ajaokuta Local Government Area of the state.

The confirmation was made in a statement released by the Chief Press Secretary to the Governor, Onogwu Muhammed.

It was gathered that the 21 victims, who were kidnapped along Ajaokuta-Itobe road in Kogi State on Thursday, were rescued on Saturday by a joint team of security operatives, comprising personnel of the Nigerian Police Force, Civil Defence and local vigilantes.

The statement said, “The victims, predominantly travelers, had been whisked away to an unknown destination within the dense forest around the Ajaokuta Local Government Area of Kogi State.

“Upon receiving report of this distressing incident, His Excellency, Yahaya Bello, promptly issued directives to both security agencies and local vigilantes to embark on immediate actions that will lead to the freedom of the captives. He said the perpetrators of this reprehensible act must also be fished out.

“This directive underscored Governor Bello’s unwavering commitment to the safety and well-being of the citizens/residents under his charge.

“The determined efforts of the combined security forces yielded results within 48 hours, leading to successful release of the 21 captives.”

The statement added that the operation led to the arrest of some of the kidnappers while those still at large are being trailed.

According to the statement, Governor Yahaya Bello commended the security operatives for their rapid and effective response.

“Governor Bello seized the opportunity to issue a stern warning to those with nefarious intentions and warned criminals against migrating to Kogi for illicit activities.

“The Governor unequivocally declared Kogi as a no-go area for all forms of criminalities, making it clear that his administration would spare no effort in safeguarding the peace and security of the state,” the statement added.

 

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