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

PANDEMONIUM AS OSUN HUNTER SHOOTS RESIDENT DEAD. (PHOTO).


 Pandemonium as Osun hunter shoots resident dead


There was pandemonium in Iwo community on Tuesday after a yet-to-be-named local hunter shot a resident dead and attempted to dispose his corpse.

It was learnt around 3am the local hunter killed a man and while attempting to flee with the corpse was caught by some indigenes.

The matter resulted to pandemonium as youths protested by making bonfire on the road in Iwo after which security operatives restored peace and order.

A statement by Osun Police Command through its spokesperson, Yemisi Opalola explained: “The Osun State Police Command is miffed with the report of the killing of a man in Iwo despite continuous warnings of members of the public especially hunters and other local security outfits on the use of guns (firearms).

“The Command is using this medium to appeal to members of the public especially the family of the deceased and residents of Iwo to remain calm and not to take law into their hands as the Command has set up a team of crack detectives to investigate the circumstances that led to the shooting/killing of the man in the town.”

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