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

60 BODIES RECOVERED FROM NIGER STATE BOAT MISHAP. (PHOTO).


 60 Bodies Recovered from Niger State Boat Mishap


Rescuers have recovered about 60 bodies following a boat accident in Niger State.

According to a release by the Press Secretary to the Council Chairman of Mokwa local government, Abubakar Dakani, the boat was carrying over 300 passengers when it capsised at the notorious Gbajibo River in Mokwa Local Government Area of Niger State yesterday evening.


Dakani said the boat was travelling from Mundi to Gbajibo for the Annual Maulud celebration when tragedy struck.


The release also confirmed that Council Chairman Abdullahi Muregi acknowledged the recovery of approximately 60 bodies, while 10 survivors have been found.


It added that rescue efforts in collaboration with the State emergency management agency and locals are ongoing to recover others who are missing.

In September 2023, a similar boat carrying over 50 passengers capsised killing 24 persons who were on their way to farm for harvest.

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