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 CLARIFY WEDNESDAY'S SHOOTING INCIDENT IN NNEWI,SAYS NOT ABOUT IFEANYI UBAH'S BURIAL.(PHOTO).

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 Police clarify Wednesday’s shooting incident in Nnewi, says not about Ifeanyi Ubah’s burial


Anambra State Police Command has clarified a shooting incident that occurred at Izuchukwu junction, Nnobi/Nnewi road, on Wednesday, November 20, 2024.


The incident, which happened at about 7 pm, was linked to Non-State actors, who had vowed to disrupt the burial of late Senator Ifeanyi Ubah.


However, according to the Command’s Public Relations Officer (PPRO), SP Tochukwu Ikenga, the incident was rather an attack by security operatives who mistook police personnel for non-state actors, leading to the exchange of gunfire.


He said: “Preliminary investigations reveal that the security operatives were trailing a suspect when the gun duel ensued at a security checkpoint.


“Unfortunately, bullets hit the fuel tank of a Toyota Venza Sedan carrying the police personnel, causing it to catch fire. Two innocent bystanders were injured in the crossfire and are currently receiving medical attention.”


The police assured the public that the situation was under control and that the attack was not an attempt to disrupt the burial ceremonies of late Senator Ifeanyi Ubah.


The remains of Ubah would be buried in his country home in Nnewi on Friday, and is expected to attract lots of dignitaries to the state.


Police assured that it is in charge, assuring of adequate security in the city.

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