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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HOODLUMS SEIZE TWO TRUCKS OF PALLIATIVES IN BENUE COMMUNITY. (PHOTO).

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 HOODLUMS SEIZE TWO TRUCKS OF PALLIATIVES IN BENUE COMMUNITY



16th April, 2024    


Hoodlums in Benue State seized two trucks of palliatives and also attacked the drivers, acting Chairman of the Benue State Board of Internal Revenue Service (BIRS), Emmanuel Agema confirmed yesterday.


According to Agema, the hoodlums posed as revenue officials at a collection point close to Aliade, Gwer East Local Government Area, when the driver conveying the palliatives from Adamawa State to the east ran into their ambush


He said: “The hoodlums stopped the vehicles, broke the windscreen and stole N200,000 from one of the drivers.


“Two persons have been arrested and transferred to the DSS on the Governor’s directives, and investigation is on to fish out those behind illegal tax collection in the state.


“Since assuming office, my biggest challenge has been how to curtail the activities of illegal tax collectors. So far, 35 persons have been charged to court.”


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