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

MANY STRANDED AS BOKO HARAM ABDUCTS PASSENGERS ALONG MAIDUGURI-KANO HIGHWAY. (PHOTO).


 Many Stranded As Boko Haram Abducts Passengers Along Maiduguri-Kano Highway


Suspected Boko Haram insurgents have abducted passengers along Maiduguri/Kano highway.


Sources told Daily Trust that the insurgents struck between Garin Kuturu and Mannanari village near Auno, which is along Damaturu highway at about 5:50:pm on Monday.


They reportedly blocked the highway before forcefully taking away some passengers.


The incident left hundreds of travelers and commuters stranded on both ends of the ever-busy road.


They had to return to Benishek and Auno respectively.


“There was an incident between Mannanari and Garin Kuturu where some Boko Haram fighters came out to block the upcoming vehicles and some passengers were abducted.”


“We are not sure of the number as we speak but certainly there was an abduction on Monday evening.”


Residents narrated how many commercial drivers took refuge in their community momentarily when the insurgents were operating between Garin Kuturu and Mannanari villages.


“They came out with three wheelbarrow and I believe they were looking for food stuff. We don’t know how many people abducted but some commercial drivers came back and later returned to Maiduguri before reinforcement of military arrived.”


A passenger, who craved anonymity, said he alongside others were stranded for hours.


“We were heading for Kano from Maiduguri when the driver got hinted about the attack and took a detour,” he told Daily Trust.


“We have been waiting for the military to clear the road but we don’t know when. We are stranded here.”

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