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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MANY FEARED DEAD AS VEHICLE PLOWS INTO ANAMBRA MARKET. (PHOTO).

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 Many feared dead as vehicle plows into Anambra market


Several persons have been feared killed after a speeding vehicle rammed into the Oye-Agu Market, Abagana, in Njikoka Local Government Area of Anambra State.


The incident, it was gathered occurred at about 11:10am on Wednesday, causing several items of the traders spilling on the road.


Eyewitnesses near the scene said the driver of the Toyota Sienna vehicle lost control of its brakes and rammed into the market, crushing some of the roadside traders.


Details of the crash and the actual casualty figure are still sketchy.


However, the incident has caused panic and crowded scenes in the market environs with various rescue efforts ongoing.


Some of the injured victims were being rushed to a nearby hospital.


The President-General of the Abagana Community, Ben Okongwu, who confirmed the incident to journalists further revealed that no fewer than three persons died in the crash, including an under-aged child, while some other persons sustained some degrees of injuries.


However, when contacted, the Spokesperson for the Federal Road Safety Corps in Anambra State, Margaret Onabe, said she was not aware of the incident, promising to make enquiries and get back.

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