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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YINUA GANIYU,KILLED ALHAJI MUDA OYEBANJI,THROUGH RECKLESS DRIVING.

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                                                                               Lagos state Director of Public Prosecution {DPP}has established a case of reckless and dangerous driving causing death against Yinusa Ganiyu a driver.today wenesday,at Surulere magistrate court showed that a prima facie case was established against him.the accused hit a bus from behind ,causing two passengers,including the driver of the bus and the deceased to sustained injuries.the injury sustained by one Alhaji muda Oyebanji 68,led to his death.the accused was not focused in his driving and that he lost control of the vehicle,causing the accident.the advice from the DPP stated that the accused should be prosecuted for reckless and dangerous driving and for causing death.the accused was arraigned on OCT 19,and his facing two count charge before the court.the offence committed contravened section 19 and 20 of the Road Traffic Act of Lagos state.Ganiyu pleaded not guilty to the charge and was granted bail in the sum of N100,000 with two sureties.the case was Adjourned to December 17 for mention.

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