INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).
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
Today sunday,INEC {Independent National Electoral Commission} declared the governorship election held in Kogi state yesterday saturday as inconclusive.The Chief Returning Officer for the election,Prof.Emmanuel Kucha,who announced the results,said Audu had 240,867 votes,while the incumbent governor,Idris Wada scored 199,514.The difference between the two Major candidate was 41,353 votes.While announcing the INEC's decision on the poll,the returning officer quoted a relevant section of the Electoral Act,saying since the total number of cancelled vote exceeded the difference in votes between the two major candidates,the commission will order a supplementary poll in the affected areas.The total number of cancelled votes was 49,953.In the election,the APC candidate/defeated Wada in 16of the 21 local government areas in the state.One more photo below. 
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