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 ARRESTS 3 KIDNAPPING SYNDICATE IN KADUNA, RECOVERS WEAPONS. (PHOTO).

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 Police Arrests 3 Kidnapping Syndicate In Kaduna, Recovers Weapons


The Kaduna state Police Command has announced the arrest of three members of a notorious kidnapping syndicate that has been operating along the Kaduna-Abuja highway and other neighboring states.


In a statement by ASP Mansir Hassan, the Public Relations Officer (PPRO) for the Kaduna State Police Command, he said the breakthrough operation was conducted by the Operation Fushin Kada Tracking and Response Team on November 5, 2024, at approximately 6:35 p.m., following credible technical intelligence.


According to Hassan, the suspects, identified as Muhammad Lawal Abubakar (40), Abubakar Isah (40), and Samaila Saidu (65), were captured during an intelligence-driven operation. He added that the police recovered an AK-47 rifle with an empty magazine from them.


The PPRO in his statement said, “During initial interrogations, the suspects admitted to being active members of the syndicate responsible for a series of kidnappings and violent attacks along the expressway, which has raised alarm among residents and travelers in the region.


“Commissioner of Police, CP Ibrahim Abdullahi, commended the operatives for their proactive measures and diligence. He called on the public to stay vigilant and report any suspicious activities as the command continues its efforts to dismantle criminal networks and safeguard lives and property in the state.


“The  suspects are cooperating with the investigation and have provided key information that may lead to further arrests and the recovery of additional weapons.” 


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