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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SOME KIDNAPPED INCIDENTS IN ABUJA ARE STAGE-MANAGED - WIKE.(PHOTO).

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 Some kidnapped incidents in Abuja are stage-managed – Wike


Minister of FCT, Nyesom Wike has said that some kidnap stories in Abuja are stage-managed. Wike who was invited by senators alongside FCT Commissioner of Police, Benneth Igweh, to brief the lawmakers on modalities put in place to secure residents of FCT, promised improved security and more infrastructure to residents of FCT. 

 

The minister said the interaction was fruitful, adding that Senators agreed that security has significantly improved in the FCT. He said;  “I am glad they are all happy with what we have done, what we are going to be doing and they provided some suggestions on ways forward.

“What is important is what the FCT should expect from now. I will say improved security and more infrastructure. You can see what is going on in the FCT. It has been turned into a construction site.


“You can also see what has happened in the FCTA. Now we have our own Civil Service Commission; now we have our own Permanent Secretaries which has never been. There are new things in the FCT, and the residents are happy.


“Most of the kidnapping stories you hear, some of them are stage-managed by people. There are some internal arrangements. Take for example, you have a housekeeper or a driver in the house who will plot to kidnap the child of their boss. In such a case, what do you expect us to do? “What we can do is to ensure that the person that is kidnapped is released.”


Wike also said that the two most wanted kidnappers terrorising residents of the FCT have been arrested, adding that the development has reduced the level of kidnappings in Abuja.

 

He said;  “We are not saying we have gotten to where we want to be, but we are doing a lot and people should acknowledge that what used to be is not what we are seeing now. “We will continue to do our best to ensure that we provide the best to our people. We cannot give you the assurance that there will be no form of criminality, nobody can do that, as long as we are humans.”

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