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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EX-IMO GOV OKOROCHA'S HOUSE COLLAPSES IN ABUJA. (PHOTO).

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 Ex-Imo governor Okorocha’s house collapses in Abuja


A five-storey building owned by the former governor of Imo State, Rochas Okorocha, has collapsed along Ahmadu Bello Way in Abuja.

The building, according to the report, collapsed around 9:pm yesterday sending panic to the entire neighbourhood.

In a swift reaction, personnel of the Federal Capital Territory (FCT) Police Command immediately cordoned off the entire area.

It was gathered that the collapsed building was under renovation.

Eyewitnesses said some persons might have been trapped in the building.

“There is a possibility that there could be some people inside the collapsed building who may have died. I saw two people being pulled out from the rubble now and taken to the hospital while rescue operations were ongoing. The emergency responders are not coordinated yet for efficient operations,” an eyewitness said.

But a statement signed by the spokesperson of the Command, Josephine Adeh, said three persons were rescued from the collapsed building.

The statement partly reads: “The FCT Police Command hereby confirms that yesterday, July 1, 2024, about 8:40 p.m., there was a building collapse at Unity House, Area 11 by Nkwere Street.

“In response to the distress call, the Commissioner of Police, FCT, CP Benneth C. Igweh, psc, mni, promptly moved to the scene with multiple patrol teams as first responders to cordon off the area for possible rescue.

“Three victims were successfully evacuated from the collapsed building and rushed to the hospital for medical care.”

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