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 took to his social media one hour ago through his Special Adviser/Media and Publicity Mr Yusuph Olaniyonu ,with the caption ''I'm Happy that the Trial has Commenced''.The statement said ''Senate President,Dr Abubakar Saraki has said he is glad that his trial before the Code of Conduct Tribunal on asset declaration in 2003 has finally commenced.Saraki said the proceedings of today has given him confidence that if the trial is conducted fairly he would be vindicated.The Senate President noted that even though the prosecution tried to bring in some dramatic narratives,it was clear that they were merely thrashing around and hoping to titillate the public with salacious tales.He added that he was hopeful however that when the time comes,his lawyers will have the opportunity to present his case''.One more photo below. 
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