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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IMO STATE GOVERNMENT REVOKES LICENCES OF MOTHERLESS BABIES HOME + BABY FACTORIES.

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Some of the pregnant teens rescued during one of the raids.           The Imo state Government yesterday revoked the certificates of all motherless babies and foster homes in the state.The Commissioner for women Affairs and social Development,mrs Nma Onyechere,who announced this yesterday in Owerri,said that buying and selling of human beings were not part of Igbo culture,adding that the heat generated over the issue was enough to get government react to the ugly situation.she also said any staff found to be operating any such establishment or in the habit of aiding or abeting baby factories would be summarily dismissed from service.in line with the current revocation of the certificates,government has planned fresh re-registration and re-certification of all such homes.Anybody or group of persons found to have defied this policy will be arrested and prosecuted.

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