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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PEOPLE OF ILE-IFE,SHOCKED THAT THE ORO RITES FOR THE LATE OONI,WAS EXTENDED TO TODAY SATURDAY.

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               According to some residents in Ile-Ife today saturday said that the palace town criers were going round the town announcing that residents especially commercial drivers and motorcyclists should stay indoors between 7a.m and 6pm.That will enable the Oro deity perform the necessary rite for the late Ooni of Ife.It was gathered that the Head of the Oro cult in Ife,the Awara of Iwara,Oba Layi Adereti had ordered the curfew,warning that anyone who flouted the order,irrespective of age or gender would face its consequences.However,residents were apprehensive of the curfew,that they rushed to the few available markets to get essentials that will last them for the day.Since last week friday,major market in Ife had been shut down ever since the burial rites started.As a result of the curfew,some Heads of Departments in the Obafemi Aolowo University,Ile-Ife cancelled the continuous assessment tests for their students earlier scheduled to hold on today saturday.Many residents as well as the Okada riders had thought the mourning period would end yesterday August 21,but they were surprised when they heard the stay at home order extends till today.More photos below.                                                                                                            

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