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

DANGOTE TRUCK RAMS INTO APARTMENT IN OGUN. (PHOTO).


 Dangote truck rams into apartment in Ogun


A fully-loaded Dangote Cement truck with registration number DGW109XA rammed into a house in Imasayi Yewa North local government area of Ogun state.

The incident occurred on Friday night when residents had already gone to bed.

DAILY POST reports that no life was lost as the occupants of the house, who were asleep in the parlour, escaped being crushed by a whisker.

The Olu of Imasayi, Oba Lukman Kuoye, when contacted on Saturday, said the incident happened in front of the house where he was living and thanked God that no lives were lost.

He lamented that this incident, among others, was one of the things they faced with Dangote drivers.

The monarch, however, urged the residents to take laws into their own, adding that efforts are underway to investigate the root cause of the accident.

He said “A Fully loaded Dangote Cement Plc truck swerved into a house in Imasayi yesterday night, God saved the people that slept in the sitting room

“The people inside the room escaped untimely death. It happened in front of the house where I was living before moving into my new house

“This is one of the things we are facing with Dangote drivers”, he said.

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