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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TWO NABBED OVER ALLEGED SLITTING OF NEIGHBOUR’S THROAT IN KWARA STATE. (PHOTO).

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Two nabbed over alleged slitting of neighbour’s throat

The Kwara State Police Command has arrested two suspects identified as Abdullateef Yakubu and Yakubu Olanrewaju of Shao Garage area, Ilorin, for allegedly slitting the throat of a neighbour over a disagreement.

The incident occurred around past 12:00 am on Monday at Shao Garage area, Ilorin, in Ilorin East Local Government Area of Kwara State.

A source familiar with the matter told  newsmen that a brother of the victim, AbdulRazaq Babatunde, who was attracted by the shout of a resident, came out during the hour only to find his younger brother, Abubakar Babatunde, in the pool of his blood bleeding from his slit throat.

“He was subsequently rushed to the University of Ilorin Teaching Hospital for medical attention”, the source added.


When newsmen contacted the Police Public Relations Officer in the state, Adetoun Ejire-Adeyemi, confirmed the incident.

She said the incident was reported while two people were arrested over the incident.

“The needful will be done as soon as we have concluded our findings”, she said.

 

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