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

EKITI: EFFORTS ARE ON TOP GEAR TO RESCUE KIDNAPPED PUPILS- OYEBANJI. (PHOTO)


 Ekiti: Efforts Are On Top Gear To Rescue Kidnapped Pupils – Oyebanji

Ekiti State Governor, Biodun Oyebanji has urged the citizens of the state not to despair over Monday’s kidnapping of some school pupils and their teachers in Emure- Ekiti, assuring that efforts are on to get the children and their teachers rescued.


Six pupils of a private school in Emure-Ekiti, three teachers, and the bus driver were abducted while returning to Eporo- Ekiti, Monday evening.


The Governor, who described the kidnapping of the school pupils, as callous and unacceptable, said nothing would be spared in the efforts to rescue them.


According to a statement by the Governor’s Special Adviser on Media, security agencies in the state are already on the trail of the abductors with a mandate to bring the pupils and their teachers back safely.


Governor Oyebanji said security is being stepped up across the state to flush out criminal elements from their hideouts.


While calling on the citizens to remain calm and vigilant, he urged them to cooperate with security agencies, by making available relevant information to the authorities.



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