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

FIRST NIGERIAN ROWER AT THE 2016 RIO OLYMPICS,MOVES TO SEMI-FINALS YESTERDAY.{PHOTOS}.

                        American-born Nigerian professional rower,Chierika Ukogu made history yesterday tuesday after qualifying for the semi-finals of rowing at the ongoing Rio 2016 Olympics.The 23 year old Stanford graduate and soon to be medical student to the rowing semi-finals came in fifth in the third quarter final of the Women's single sculls in 7:54.44 secs.She is Nigeria's first ever rower in the Olympics to have got that far,the semi-finals will be on wednesday.''Heading into Rio,it's a really wonderful opportunity for Nigeria.This is the first time we've had an athlete at the Olympics in the sport of Rowing'',said Okungu to the Press.More photos below.                                                                           

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