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

ACTOR DESMOND ELLIOT,WINS SURULERE CONSTITUENCY 1,UNDER THE APC.

                             According to the Independent National Electoral Commission {INEC}returning officer,Dr Mariam Quadri,declared Nollywood actor Desmond Elliot,of the All Progressives Congress {APC} the winner of Surulere constituency 1.She said ''That Desmond Olusola Elliot of APC,having satisfied the requirements of the law and scored the highest number of votes,is hereby declared winner and is returned elected''.Desmond Elliot of the APC scored 23,141 votes while Mr Bayo Smith of the PDP came second with 12,546 votes.Mrs Mosunmola Sangodara Rotimi of the PDP,won Surulere constituency 2.Mean while checkout Demond Elliot fans blessing him with wine.One more picture below.                     View image on Twitter

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