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

HOW ACCIDENT CLAIMED 13 LUVES ON KADUNA-ABUJA ROAD. (PHOTO).


 How Accident Claimed 13 Lives On Kaduna-Abuja Road


Thirteen persons on Friday died in a road accident on the Kaduna-Abuja expressway, the Kaduna Sector Command of the Federal Road Safety Corps (FRSC) has said.


According to Kabir Nadabo, the FRSC Sector Commander, the bodies have been moved to St. Gerrard’s Hospital while 3 persons who survived were immediately conveyed to AP Smart Hospital, Kakuri.


“The road traffic crash occurred near Olam farm on Kaduna-Abuja highway about 3 pm when a Toyota Hiace marked GTG 96YA carrying 11 persons collided with a Golf Salon marked RBC 369XE with five passengers.”


“As we enter the ember season fully, motorists are reminded of the need to adhere to basic safety ethics while travelling.”


Nadabo admonished drivers to abide by the requisite speed limits, adding that

the FRSC is committed to ensuring that roads are safe for all users.

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