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

197 NIGERIANS WHO WERE DISPLACED IN CENTRAL AFRICAN REPUBLIC,RECEIVED BY NEMA OVER THE WEEKEND

                    Over the weekend,NEMA {National Emergency Management Agency} received 197 Nigerians that were displaced by the crises in Central African Republic who have been taking refuge in the Republic of Cameroon under the International Organization for Migration {IOM}.Director General of NEMA Muhammad Sani Sidi who received the returnees in Sahuda border post near Mubi in Adamawa state said about two years agofollowing the escalation of the crises in the Central African Republic,the Federal Government through NEMA had evacuated its citizens through the airport,these could not be reached because they had crossed over to the Republic of Cameroon.He said under international charter which Nigeria was signatory,the Nigerians were free to decide when to return back home especially given the cover of the International Organization which had opened camps for them in that country.According to him,as IOM was closing the camps they informed the Nigerian government of the development by transporting them to the border,NEMA was mandated to receive them there on behalf of the Federal Government.

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