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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MAN KILLS FRIEND WITH CYLINDER AFTER SMOKING COLORADO IN ONDO.(PHOTO).

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 Man kills friend with cylinder after smoking colorado in Ondo. 


The police in Ondo state have arraigned a 24-year-old man identified as Peter Adebayo for allegedly killing his friend, Lekan Raji, with a cooking gas cylinder after consuming hard substances known as colorado.

 

Police prosecutor, Inspector Taiwo Oniyere, told the Akure Magistrate court that the defendant committed the offence on February 23, 2024, at Ireakari Street, Akure.  Adebayo was said to have hit Lekan on the head with the cylinder for querying his behaviour.

 

“The deceased came home on that day and was not happy with the way the defendant was misbehaving. So, he challenged him. But the defendant who was under the influence of ‘Colorado’,  hit the deceased with the cylinder. So, he fell and died.” the police prosecutor said

 

The offence, according to the charge, contravenes Sections 316 and 319 of the Criminal Code Law, Cap 37 Vol. 1 of Ondo State 2006.

 

Plea of the defendant was not taken and the prosecutor prayed the court to remand the defendant at the Olokuta Correctional Centre, Akure, pending legal advice from the Director of Public Prosecutions (DPP).


The presiding Magistrate, T. O. Olusola-Olujobi ordered the remand of the defendant at the Olokota Correctional Centre and adjourned the case to March 19, 2024.

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