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

BUHARI & OTHER LEADERS OF THE ECOWAS MET WITH GAMBIA PRESIDENT ELECT ADAMA BARROW YESTERDAY.{PHOTOS}

Image result for buhari and others met gambia president                 It was reported today that President Muhammadu buhari and other leaders of the Economic Community of West African States,ECOWAS,met with the Gambia President-elect,Adama Barrow,on the second day of their mediation to persuade outgoing President of the country,Yahya Jammeh,to accept the result of December First election.Mr Jammeh,who had earlier accepted defeat and publicly congratulated Mr Barrow,did an about-face few days later announcing that he rejected result.He vowed to conduct fresh elections .His decision not to accept the result has drawn condemnation worldwide including from the UN,ECOWAS,and the U.S.President Buhari and Presidents Ernest Koroma,Ellen Johnson-Sirleaf and John Mahama of Sierra Leone,Liberia and Ghana respectively led an ECOWAS delegation to visit Mr Jammeh on tuesday.The leaders are not expected to reveal the details of the mediation until all talks are concluded.However,observers believe apart from asking Mr Jameh to leave office,the West African leaders are also trying to saave him and his loyalists from prosecution after leaving office.Despite the visit of the West African leaders,Mr Jammeh's party has filed a suit challenging Mr Barrow's victory in court.More photos below.
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