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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TALENT HUNT COMPETITION BY EFCC's CREATIVE YOUTHS INITIATIVE AGAINST CORRUPTION {CYIAC}.{PHOTOS}.

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                Twenty Finalists emerged in the EFCC's partnership with Creative Youths Initiative against Corruption {CYIAC} Talent hunt Competition.The event which is aimed at sensitizing children and youth between ages 9-14 years on the ills of corruption through creative development is happening now at the freedom park,Broad street,Lagos.The Executive Chairman,EFCC,IbrahimMagu,represented by Director,Public Affairs Department,EFCC,Osita Nwajah in his speech appreciated the German Embassy,the Press and Nigeria's Nobel Laureate,Professor Wole Soyinka for their contributions towards the success of the Initiative.The stage is set for the Finalists to compete for various prices and awards that is due for potential Champions who are able to prove themselves worthy of recognition after a series of competitive screening exercises involving Primary and Secondary School Pupils and Students from various Schools in Lagos,Nigeria.The Project will be rounded up at the Nigeria Stock Exchange,Lagos on December 1,2016 during which the Nationwide Campaign against corruption is expected to be launched.More photos below.

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