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

READ WHY KANO STATE GOVERNOR,DECLARED PUBLIC HOLIDAY TOMORROW IN HIS STATE.

                                                 The notice of the holiday is contained in a statement issued by Alhaji Baba Dantiye,the Director General,Media and Communications to Governor Abdullahi Ganduje,made available to newsmen in Kano today tuesday.Dantiye qouted Governor Ganduje as congratulating the people of the state and Muslims all over the world for witnessing the new year.He said Governor Ganduje had appealed to Kano citizens to untilise the holiday to offer prayers for peace and prosperity of the country.He said the governor had reassured the people of the state government's determination to work hard toward improving their living standards and pledged to continue to give priority attention to both formal and non formal education in the state.Wednesday October 2014,is the first day of Muharram,the first month in the Islamic calender and marks the new Islamic year 1437 after hijra.One more photo below.                                                             

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