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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THE NIGERIAN CIVIL AVIATION,SUSPENDED A BRISTOW HELICOPTER TYPE,FROM FURTHER OPERATION IN NIGERIA.

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                    The Nigerian Civil Aviation Authority,NCAA, yesterday suspended Britstow Helicopter's aircraft type SikorskyS-76C++ from further operations in Nigeria due to the successive mishap of the said aircraft type on the coastal waters of Lagos.Disclosing this development to aviation reporters at the NCAA Annex,Murtala Muhammed International Airport{MMIA},Lagos,Director General of the Nigerian Civil Aviatiob Authority {NCAA},Captain Muhtar Usman affirmed that the aircraft type had been suspended till further notice pending when the authority will carry out a full audit on it.Usman said ''These decisions are without prejudice to the investigations being conducted by the Accident Investigation Bureau {AIB}.As a matter off fact,it will serve to assist the entire process.The Authority will fully support AIB in the investigation.The Nigerian Civil Aviation Authority {NCAA} has therefore decided to suspend the operation of the Bristow Helicopters SikorskyS-76C++ type till further notice''.The NCAA boss pointed out that the suspension was necessary because of previous crashes of the airline involving it's aircraft type adding that it was only responsible for Regulatory Authority to stem  the rapidity of the occurrences and ensure that the airline carry out safe flight operations henceforth.More photos below.                                                                                                     

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