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
POLICE ARREST TWO WOMEN FOR KIDNAPPING AND SELLING A 5-YEAR-OLD BOY. (PHOTO).
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POLICE ARREST TWO WOMEN FOR KIDNAPPING AND SELLING A 5-YEAR-OLD BOY
The Akwa Ibom State Police Command has arrested two women for kidnapping and selling a 5-year-old-boy.
The suspects, Blessing Elijah Sylvester,35, from Ikot Enua in Ibesikpo Asutan, and 50 year-old Ofonime Etim Essien from Ikot Abiyan in Nsit Atai, sold the child at N600,000.
The State Police Commissioner, CP Joseph Eribo, disclosed this on Monday, September 30, 2024, in Uyo while parading the suspects and other criminals arrested for various crimes.
"There is also a case of child stealing where children are taken from this state and sold outside for various amounts including a child sold for N400,000 and another sold for N600,000. We have two women and other suspects with us,” the CP stated.
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