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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COURT REMANDS MAN WHO MURDERED HIS COLLEAGUE IN MAGODO, LAGOS. (PHOTO).

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The Lagos State High Court sitting in Ikeja has ordered the remand of one Monday Odeh in the Nigerian Correctional Service Facility, over the alleged m¥rder of a 54-year-old man, Abdulahi Yinusa.


Justice Adenike Coker made the remand order on Monday, January 15, 2024, of Odeh after he was arraigned on a count of m¥rder preferred against him by the state government.


During the arraignment, the state prosecuting counsel, Ms Titi Adeegbe, told the court that the defendant unlawfully murdered Yinusa on April 4, 2019, in the Magodo area of the state.


Odeh and Yinusa worked as security guards at Magodo before the murder. 


The employer of the duo, Bola Ikupoluyi, who reported the matter to the police station, said the deceased and the suspect had an argument. 


Yinusa had accused Odey of stealing the clothing items of the boss. 


During the argument, Odey hit Yinusa with a shovel on his head and face. head on the floor, which caused his death. 


The suspect picked offence and threatened to k!ll Yinusa for challenging him. Their employer responded by sacking Odey and ordered him to vacate the premises immediately. 


Odey, under the guise of moving his personal belongings, returned to the house the same day at about 7pm and m¥rdered Yinusa. He dumped the corpse at a canal behind their employer’s house and absconded.

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