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

EASTER: SARAKI CALLS FOR MUTUAL RESPECT AMONG NIGERIANS.

Image may contain: 1 person                 As Christians celebrate Easter,Senate President,Dr Abubakar Bukola Saraki has called for mutual respect among adherents of various faiths in the country,as this is the only guarantee for peaceful coexistence among different religions in the country.In his Easter message signed by his Special Adviser on Media and Publicity,Yusuph Olaniyonu,Saraki urged all Nigerians to unite in confronting the development challenges facing the nation and urged Nigerians to rededicate themselves to the service of God,the nation and humanity.''I implore Nigerians to use the Easter period to renew their faith in God and strengthen the bond of friendship and brotherhood that has held the country united since the amalgamation in 1914.Among the essence of Easter is sacrifice,love for humanity and total submission to the will of God.These virtues should not be lost on us as Nigerians.Let's continue to pray for a peaceful Nigeria that will be a pride to us and the future generation,'' he added.Saraki further reiterated the commitment of the Senate in supporting the efforts of the present administration to build a peaceful and prosperous Nigeria.The Senate,he said,is committed to the enactment of legislations that will turn around the nation's economy and called for the support of all Nigerians for President Muhammadu Buhari.
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