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

BANDITS STORM KOGI UNIVERSITY, ABDUCT STUDENTS. (PHOTO).


 Bandits storm Kogi varsity, abduct students


Bandits, on Thursday night, stormed the Confluence University of Science and Technology, CUSTEC, Osara, Okene in Kogi State, and kidnapped some students.


According to the News Agency of Nigeria, an eyewitness said the bandits swooped on the university around 9:00 pm while the students were reading for their upcoming exams.


The source said that the bandits came in through the bush, went into three lecture halls and began to shoot into the air to scare the students.


“They trapped the students inside the halls and started taking them; the school was thrown into total confusion as fear-stricken students in other halls scurried to safety, scampering in various directions.


“By the time local security guards and the conventional security men at the gate engaged the bandits, they had already succeeded in abducting some students.


“But the efforts minimised the damage as the attackers didn’t go beyond the first three halls,” the source said.


According to the source, the students were preparing for their first semester examination expected to commence on Monday, May 13, when the bandits struck.


A student, who craved anonymity, said that he and some colleagues ran to the bush and hid there for “more than an hour”.


“We only ventured out when everywhere became quiet,” he said.


When contacted, CUSTEC Vice Chancellor, Prof. Abdulraman Asipita, confirmed the incident but refused to give details of the number of students abducted.


“I don’t talk to journalists about incidents like this, but I want you to know that we are on top of the situation,” he said.


Efforts to reach the Commissioner of Police in Kogi, Mr Bethrand Onuoha, were not successful.


The State Security Adviser, Retired Cdre Jerry Omodara, could equally not be reached for comments as calls to his line were not answered nor returned.

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