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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TODAY AT THE YORUBA CONSTITUTIONAL CONFERENCE.

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                   Yoruba leaders today warned potentia yoruba delegates that will represent them at the National conference,that during the conference,they should not betray the cause of the race and threatening that if that should happen,the consequence would be grievous.This was reached at the Yoruba constitutional conference held at House of Chiefs house.secretariat,Ibadan.Wale Oshun,the chairman of Afenifere Renewal Group {ARG},warned president Goodluck Jonathan to expunge the idea of no go area in the agenda of the conference.He described the event as a stepping stone to the proposed National conference,stressing that ''our expectation today,is that our joint deliberations will guide and lead us in determining and redefining our stance about the proposed National conference''.The various groups and individuals that spoke at the event all said that those to be sent should not just be anybody,but those that are sound and mentally alert,sincere and genuine Yoruba sons and daughters.

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