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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LABOUR PARTY EXPELS GBENGA DANIEL.

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                   The party announced the dismissal in a statement jointly signed by its Ogun state chairman,Simeon Olabode and secretary,Sunday Oginni.in dis missing the ex-governor,the labour party accused him of causing confusing in the party.the party leader claimed that Ggbenga Daniel has lost all traits of democratic ethos and pursues personal agenda rather than our collective aspiration.he is known to destroy political foundations of individual and groups as evidence of his destruction and destabilization of PDP in 2011.What ever he was today was made by PDP who gave him the life line in 2003 to become governor but he later bite all fingers that feed him including former president Olusegun Obasanjo.They put Ggbenga on probation for one year from December 2012 to December 2013,but because of the trait of the mischief and callousness he had demostrated so far and at certain times during his probating period,we told him to formerly resign his membership of PDP despite his suspension by the ward executive of Ggbenga's ward in Sagamu.we also told him to resign his membership of PPN because he has shown us the INEC certificate issues to PPN for registration he has also at differentb times shown us the registered certificate of SDP as political party.'' One then wondered what manner of man is Otunba Ggbenga Daniels,who wants to belong to four different political parties at the same time''.

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