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

PRESIDENT MUHAMMADU BUHARI ARRIVED THE COUNTRY TODAY AT ABOUT 7:45 AM.{PHOTO}.

Image may contain: 2 people, people standing                 President Muhammadu Buhari arrived the country today friday at about 7:45 a.m,51 days after he left the country on a medical vacation.Owing to the closure of the Abuja airport,presidency sources informed newsmen that his plane was scheduled to land at the Kaduna airport in the wee hours of friday,following which he was to be flown by helicopter to the President Villa,Abuja.
The sources also revealed that the president might address the nation friday after his long absence,in order to quell any concerns over his capacity to govern.The news of his return today friday was broken last night in a statement by his media aide,Mr Femi Adesina.Mr Adesina recalled that the president left the shores of the country on January 19 for a vacation,during which he was scheduled to undergo routine medical check-ups.
He said the scheduled vacation was however extended due to the advice by his doctors that he undergoes further medical tests.According to him,the president expressed gratitude to the generality of Nigerians in all parts of the country and beyond who supported him in their prayers and good wishes while he was away.Welcome back Mr President.
Image may contain: 2 people, people standing

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