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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POLICE INVESTIGATES BURNING OF MONARCH HOUSE IN PLATEAU. (PHOTO).

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Police investigates burning of Monarch House in Plateau

The Plateau State Police Command says it has commenced investigation into the burning of the District Head of Bokkos Saf Adanchin Palace, Bokkos town in Bokkos Local Government Area of the state during a protest in the community.

The spokesperson for the command, Alabo Alfred, explains that calm had been restored in the area and efforts are on to investigate what led to the uproar.

He added that the command was working to bring the perpetrators to justice.

On Friday, Women and Youths took the streets to express their displeasure over the arrest of some community members in connection to Christmas eve killings in the area.

The protesters took their agitation to the Joint Security Task Force Operation Safe Haven base and the Divisional Police Office in the Bokkos Local Government Area community to express their displeasure over the development.

The protesters proceeded to the district head’s palace and eventually set it ablaze




 

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