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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F.G INHERITED N13.6 BILLION ABACHA LOOT+F.G DECLARES XMAS HOLIDAY.

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                       Today thursday,Benue State Governor,Samuel Ortom stated this to journalists at the end of the National Economic Council {NEC}meeting presided over by Vice President Yemi Osinbajo at the State House,Abuja.The NEC comprises state governors,federal attorney-general,Central Bank of Nigeria,Ministries of National Planning,Finance,and Federal Capital Territory.Ortom said the balance of the Abacha loot as at end of November 2015 stood at $26,000,389and £19,000,033 respectively.According to the governor,giving the exchange rate of N260 per dollar and N360 per pound,the total balance is estimated at N13.6 billion.Ortom said the Buhari administration which came on board in May this 2015 has not touched the money.''We were also briefed on updates on Abacha loots in Council.The Accountant General of the Federation reported that the dollar account as at November 2015 ending has a balance of $26,000,389.00 while the pounds sterling has a balance of £19,000,033.00 that is where we are today''.The Federal Government yesterday wednesday night,declared December 25 and 26 as public holidays to Mark Christmas.New Year's Day January 1,2016 has also been declared a public holiday.One more photo below.                                                         

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