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
Senator Bukola Saraki,who attented the wedding ceremony of Senator Dino Melaye's younger sister,Shade,to her husband Wale,yesterda in Ayetoro Kogi State,took to his social media to commiserate with victims of Kano inferno.Saraki in a statement by his Special Adviser {Media and Publicity} lamented the continuous occurrences of fire disasters in markets across the country and urged the managements of markets to always employ all modern means of preventing and combating fire disasters to ensure traders are not subjected to this harrowing loss.The popular Sabon Gari market in Kano,was in the early hours off saturday hit by a fire incident very that led to the destruction of goods and properties worth millions of naira.''The continuous loss of merchandise and properties in many commodity markets in the country and Kano in particular to fire disasters has reached a worrisome level that requires urgent measures to combat the trend.These fires incidents had deprived our hard working and determined traders the means of livelihood and survival and these are expectedly breadwinners of their families.In addition,these losses represent the depletion of nation wealth as most of the victims constitute a significant chunk of entrepreneurial class who are supposedly great contributors to the nation's Gross Domestic Product {GDP}.This is most unfortunate to the economy of Kano State,more so coming after the destruction of Kurmi market,the oldest market in Kano by fire,and the recent inferno at the furniture section of Abubakar Rimi market.The Senate is pained by the loss,and i seize this opportunity to underscore the need for adequate preventive measures against fire disasters in our market.All markets in the country must be built with plans to prevent outbreak of fire incident and equipped with fire fighting equipment.Also,market women should be constantly trained in fire preventive measures and drills''.He urged the state government to ensure thorough investigations to unravel the cause of the incident and forestall occurrence.To the couples that got married in Kogi,the Senate President wrote ''I wish the new couple the best of blessings as they begin their union''.More photos below. 
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