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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LAGOS POLICE RECOVER 12 BAGS OF STOLEN FLOUR, SUGAR. (PHOTO).

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Lagos Police Recover 12 Bags Of Stolen Flour, Sugar 

Policemen attached  to the Elere Division of the Lagos State Police Command, on Sunday, recovered no fewer than 12 bags of flour and sugar stolen from a burgled shop in the Iba area of the state.

The command's Public Relations Officer, SP Benjamin Hundeyin, disclosed this in a post on his X handle on Sunday.

Hundeyin's caption read, "Patrol officers from Elere Division stopped a Volkswagen bus containing bags of flour and sugar at about 3.40am. 

"Upon sighting the police, the occupants abandoned the vehicle and fled. 

"Investigation revealed that the goods were stolen from a burgled shop in Iba."

The PPRO added that the stolen goods have been returned to the owner, and efforts are on to arrest the fleeing suspects.

He wrote, "Goods have been handed over to the rightful owner. While the vehicle remains on our custody. Efforts are on to apprehend the thieves."

Credit: X| BenHundeyin

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