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

S. A: POLICE INTERCEPT CONVOY OF FIVE HIGH-POWERED VEHICLES LOADED WITH ILLICIT CIGARETTES WORTH OVER R1 MILLION, THREE SUSPECTS ARRESTED, AND ONE INVOLVED IN A FATAL ACCIDENT. (PHOTOS).


 POLICE INTERCEPT CONVOY OF FIVE HIGH-POWERED VEHICLES LOADED WITH ILLICIT CIGARETTES WORTH OVER R1 MILLION, THREE SUSPECTS ARRESTED, AND ONE INVOLVED IN A FATAL ACCIDENT



In a relentless pursuit of suspects involved in transporting illicit cigarettes, members of the Limpopo Provincial Flying Squad intercepted a convoy of five high-powered vehicles loaded with illicit cigarettes worth over R1 million and arrested three suspects on Friday, 23 August 2024, following a high-speed chase.


The chase unfolded on the R519 Bergenek road towards Zebediela when a black Jeep from Polokwane, fully loaded with illicit cigarettes, failed to stop. The Jeep collided with a truck, overturned, and the driver, a foreign national, tragically passed away at the scene. The truck driver and passenger sustained injuries and were taken to a local hospital.


Two additional suspects, a South African and a foreign national, were arrested in a Toyota Rav 4, while a third foreign national suspect was arrested in a white Ford Ranger, both vehicles containing illicit cigarettes. The other two vehicles, a white Mercedes Benz and charcoal Ford Ranger, were recovered at Bergenek village in Westenburg policing area, still loaded with illicit cigarettes. An unknown number of suspects had fled the scene.


All five vehicles, including the one involved in the accident, were seized. Cases of culpable homicide and possession and transportation of illicit cigarettes have been opened. The identity of the deceased suspect is still unknown.


The three suspects, aged between 38 and 47 are scheduled to appear before Magatle Magistrate's Court on Monday, 26 August 2024.

More photos below. 





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