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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POLICE INTERCEPT GUNRUNNER WITH 350 ROUNDS OF AMMUNITION IN YOBE ON THE 20TH OF OCT. (PHOTO).

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 Police intercept gunrunner with 350 rounds of ammunition in Yobe


Yobe State Police Command said its operatives have arrested a 54-year-old woman from Jakana town, Konduga LGA, Borno State, for trafficking ammunition from Buni Yadi to Damaturu.

The Command’s Public Relations Officer, DSP Dungus Abdulkarim disclosed this in a statement issued to newsmen on Monday in Damaturu.

He said on October 20, 2024, at about 18:30 hours, ‘A’ Divisional Police Headquarters, Damaturu, received credible intelligence regarding a suspected gunrunner en route to Damaturu.

“Swift action led to the interception of a Golf 3 saloon car, and a thorough search revealed 350 rounds of live 7.62×39 MM ammunition concealed in the suspect’s luggage.

“The suspect is currently undergoing professional interrogation as investigators work to unravel the criminal network and motives behind the trafficking”, the statement added.

In the statement, the Commissioner of Police, Garba Ahmed, reaffirmed the Command’s commitment to combating crime, hence urged community members to sustain their cooperation with security agencies.

“The public is advised to remain vigilant and report suspicious activities, persons, or objects to the nearest police station or security formation”, he advised.

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