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

836,OVER 35YEARS SERVING TEACHERS SACKED IN EDO STATE.

          The state's commissioner for basic education Mr Patrick Aguinede,confirmed that the Edo state government today monday,sacked 836 teachers following a verification carried out by the department of information and communication technology.It was discovered that some of the affected teachers had stayed above 35 years,which made it impossible for the state government  to recruit new teachers .Mr Patrick said ''some of the affected teachers were found to have stayed above 35 years,some were physically blind,some manipulated their results and age,which later showed that they finished school before they were born''.The affected teachers learnt of the sack when their names were missing from the December salary voucher.Mr Akin Adeojo,the secretary of the Nigerian union of teachers {NUT},Edo state chapter,confirmed that the union was aware of the sack.He said ''the affected teachers had not been issued with a sack letters.and some of the teachers stayed above 35 years in service while others were physically and mentally challenged,the letter would be scrutinised before taking a decision,to prevent anybody from being victimised.

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