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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SOUTH AFRICAN EMBASSY,TO START ISSUING 5 YEARS VISAS TO NIGERIANS.

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               Today wednesday,it was announced by South African High Commissioner to Nigeria Mr Lulu Mnguni,that his government decision is to be issuing Nigerians 5 years visas to Nigerian professionals,business people and other frequent fliers.Mnguni also disclosed in Lagos that his government was now prepared to eliminate the difficulties usually faced by Nigerians when seeking South African visas.The High Commissioner also said that his government was moving away from having political diplomacy to more of economic diplomacy with Nigeria.He said ''There has been growing concerns from both Nigeria and South Africa on the issue of visas.There have been complaints by Nigerians on how they are treated when seeking visas.Our President has indicated that Nigeria and South Africa need to intervene by making it easier for our nationals to have visas to our two countries.We came to an agreement that business people and frequent fliers between South Africa and Nigeria will qualify for long term visas of two,three,and five years.We have totally moved from political diplomacy to economic diplomacy,and to promote this new economic diplomacy,there needs to be a smooth movement of people between our two countries''.Mnguni said that he had made a proposal to his government for the recruitment of more staff,so as to be able to promptly attend to the demand of Nigerians for visas to South Africa.According to him,Nigeria and South Africa'
s inability to promote people to people relationship is responsible for the uninformed tension between them.He said further that ''We need a friendship that resides with our people.Nigeria and South Africa need to criticise each other in a constructive way.We need to look at how we can unplug some of the irritants that have undermined their cohesion''.One more photo below.                                                          

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