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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JONATHAN IS BETTER THAN OBASANJO-REUBEN ABATI.

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Reuben Abati: media in the hands of opposition              Special Adviser to president Goodluck Jonathan on media and publicity,Dr Reuben Abati,said former president Olusegun Obasanjo,left Nigeria in darkness after his tenure.Abati said the power supply has become better in the country that it was in 2002 and 2010.Abati also said the celebration of Nigeria at 100 is not about the Jonathan Administration,by a celebration of Nigeria by private sector,the state,local government and all Nigerians.He also criticised those who have questioned presidency'sbudgetary allocation,saying ''Every one,is involved in the budget making process.Both the intelligent and unintelligent.Even okada drivers have become budget analyst.He says ''The media as we have it in Nigeria today,is heavily in the hands of the opposition what ever the president says,they trust it''.He also praised Johnathan as the only president that has given Nigerians a road map.We have never had a president in Nigeria with a rod map.Nigerians is upto you,what do you think?,are you having stable electricity in your house?,is an okada man not intelligent enough to analize budget?, OR have you ever seen the road map ?.                                                                            

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