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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EKITI: POLICE NAB TWINS, 2 OTHERS OVER THEFT OF RICE, BEAN, N936, 750 WORTH OF GOODS.(PHOTO).

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Ekiti: Police Nab Twins, 2 Others Over Theft Of Rice, Beans, N936,750 Worth Goods


The Ekiti State Police Command has apprehended twin brothers for burglary and stealing of food items and other valuable goods.


The command, through its Public Relations Officer, Abutu Sunday, disclosed that two other suspects were arrested alongside the twin brothers for receiving stolen items.


The command stated, “On 25/04/2024 at about 8 AM, one Olasoji Kehinde and Olasoji Taiwo were arrested while attempting to break a shop at Mathew Street, Odo-Ado, Ado-Ekiti.


“During interrogation, the suspects confessed to the crime and further stated that they were responsible for the burgling of three shop in Fayemi Market at Agric Olope, Ado-Ekiti.


“At Agric Olope, they carted away two bags of rice, two bags of beans and other valuables valued N936,750.”


It was noted that “Further investigation by the Command Rapid Response Squad (RRS) led to the arrest of one Afolayan Funke ‘f’ and Nnaji Benignus Aroh ‘m’ who the suspects claimed have been receiving stolen properties from them.”


Sunday said the suspects would be arraigned in court after conclusion of investigations.



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