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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THE NIGERIAN HOUSE OF REPRESENTATIVES,POSTPONES IT'S RESUMPTION DATE YESTERDAY.

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                 Yesterday saturday,the House of Representatives postponed its resumption date which was earlier scheduled for July 21,2015 to tuesday July 28,2015.This was contained in a statement signed by Mr M.A Sano Omolori,Clerk House of Representatives issued in Abuja states that ''This is to inform all Honourable Members of the House of Representatives of the postponement of the resumption of plenary session from the adjourned date of Tuesday,21st July 2015 to Tuesday,28th July 2015.Honourable members are advised to take note of the new date of resumption according,please''.

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