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

MUBI EMIR IN ADAMAWA STATE,DID NOT ABANDONE HIS PALACE FOR BOKO HARAM-SPOKESPERSON.

HRH-the-emir-of-Mubi-Dr-Abubakar-Isa-Ahmadu           According to the spokesperson for the Mubi Emirate Council in Adamawa state,Chief John Babani Elias explained that the entire emirate observed with dismay the media propaganda regarding the emir leaving {escaping} Mubi for Yola on September 7,2014.The Emir never left Mubi at the wake of the insurgent {Boko Haram},rather as the Amirul Hajj for the 2014 Hajj operation for Adamawa state and as a leader,he went to Yola to meet with members of the delegation to make adequate preparations for the pilgrims.Chief Elias who is also the Danruwata of Mubi,cautioned the rumour peddler's to desist from spreading information that has no source and creating panic to the people of Mubi and the state in general.

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