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

THE N5,000 PROMISED TO EACH VULNERABLE NIGERIANS,WILL BE PAID-APC.

                The All Progressives Congress {APC} National Publicity Secretary Alhaji Lai Mohammed said today friday in a statement that ''The non-implementation of the payment policy so far is due to the fact that it was not included in the 2015 budget.The Muhammadu Buhari administration has been busy putting in place measures that will make it possible to start the implementation of this project.Such measures includes the introduction of the Treasury Single Account {TSA}.We are happy to inform Nigerians that as at the end of September 2015,over N1.4 trillion which hitherto was lying unproductive in various commercial banks has been recovered.The money had been lodged in TSA''.One more photo below.                                                                                                                       

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