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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READ INEC OFFICIAL PRESS STATEMENT ABOUT THE CARD READERS FOR THE UPCOMING ELECTION.

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                      The press statement came in form of a letter and signed by Mrs Augusta C. Ogakwu the Secretary to the Commission {INEC}.The press statement addressed the issues raised by Nigerians if the card readers will be used after the presidential election for all other upcoming elections.The press statement also addressed the fact that in the case the card readers is not working,elections will be shifted to the next day.The last paragraph in the press statement says ''The Commission has reviewed the operation of the Card Reader in the 28th March Elections,identified the challenges and has taken adequate measures to address them''.

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