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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EXPLOSION ROCKS RIVERS AOC SECRETARIAT. (PHOTO).

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 Explosion rocks Rivers APC Secretariat 


Explosions have rocked the All Progressives Congress (APC) Secretariat located along the bush Aba Road in Port Harcourt, Rivers State.

It was gathered that the explosives suspected to be dynamites shattered buildings and property in the secretariat, creating panic in the neighborhood.

The explosion reportedly pulled down the gate of the secretariat destroying doors, windows among other valuables.

The incident happened on the day scheduled for the controversial local government elections in the State. 

It was learnt that it was the second time the Chief Tony Okocha-led APC would be experiencing such an attack at its secretariat.

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