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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GUNMEN ABDUCT COUNCIL CHAIRMAN IN NASARAWA STATE. (PHOTO).

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Gunmen abduct council chairman in Nasarawa state

The Council Chairman Of Akwanga Local Government Area of Nasarawa Mr. Safiyanu Isa Andaha has been kidnapped by gunmen.

Confirming the incident, Special Adviser to the Nasarawa State Governor on Local G noovernment and Chieftaincy Affairs Mr Haruna Kassimu said Mr Safiyanu Isa was abducted at Ningo village on the Akwanga – Andaha road in the Akwanga Local government area of the state along with one Alhaji Adamu Custom 

He noted that security agencies had responded swiftly by chasing after the gunmen who forcefully fled with the council chairman to an unknown destination.

In a telephone interview, the State Police Public Relations Officer DSP Ramhan Nansel said the police in collaboration with other security agencies were on the trail of the kidnappers to ensure the release of the council chairman and the other victim.



 

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