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 ARREST ABDUCTORS OF EKITI SCHOOL CHILDREN, APX CHAIR, KILL ONE. (PHOTO).

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 Police arrest abductors of Ekiti school children, APC chair, kill one

 

Some of the suspects allegedly involved in the recent abduction of some school children in Emure- Ekiti, and the abduction of the Chairman of the All Progrressives Congress (APC) last year in Ekiti State have been arrested by the operatives of the police command in the state.


One of the suspects was killed during a gun duel with the police officers.


…Details later

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