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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2000 STAFFS SACKED BY ETISALAT.

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etisalat-logo              Many youths in Nigeria don't have jobs,and to join the labour market are the 2000 staffs sacked by Etisalat nationwide.They were sacked on friday.According to sources,Etisalat sacked most of their staffs because they are broke,cannot retain permanent work force and they seek to hire adhoc staff to run the operations of the company.Some of the staffs were shocked and they expressed themselves by saying ''We were asked to leave and our cheques handed to us yesterday,it is unfortunate that i am again back to the job market'' and another staff says ''They want to recruit contract staff/new agents and they can no longer run the cost of paying those of us that are permanent staff''.Is a pity they lost their jobs,but 2000 is just too much to sack.Nigerian Labour Union should look into these matter or what do you think?                                              etisalat-logo

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