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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2019 PRESIDENCY TICKET IS THE CAUSE OF PDP CRISIS-MODU SHERIFF.

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                        According to the Nation,the presidential ticket of the peoples Democratic Party {PDP} for the 2019 elections is the main cause of the current crisis tearing the party apart,its embattled National Chairman Senator Ali Modu Sheriff said yesterday.Sheriff,who bared his mind in an interview with African Independent Television {AIT} accused Governor Nyesom Wike of Rivers State and a former Deputy National Chairman of PDP,Prince Uche Secondus,of plotting to hand the party's ticket to a prominent leader of the All Progreesives Congress {APC}.He said ''Wike and Secondus are working to give the party ticket in 2019 to a man in APC,a man that is not even bold enough to leave the APC and join us.He was in the PDP before.He was a founding father of the PDP.I dont have to mention him.Secondus himselff told me that he and Wike always meet this man to strategise plans on 2019.I told him that it is wrong.If the man is bold enough,let him come and join us now.They accused me of working for the APC,How? I have never played games like that.I had formed a party and was the BOT Chairman.I was a presidential candidate,three time senator,Minority Leader.Makarfi worked for the APC in 2015,Ben Obi was Atiku's Vice Presidential Cadidate,and Secondus and Wike are meeting an APC man regularly on how the party will be sold to him.Wike is full of arrogance and impunity.He is too small to pocket PDP.I will not allow him.There are people who can carry the flag within the party.PDP will not be sold''.

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