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

THE PRESIDENT DIDN'T SAY HIS WORKING FROM HOME HENCEFORTH BUT JUST FOR ONE DAY-LAI MOHAMMED.

Image result for NIGERIAN COAT OF ARM                The Minister of Information and Culture,Alhaji Lai Mohammed,has corrected the erroneous reporting,in a section of the media,of his post-FEC press briefing on Wednesday {26 April},noting he never said the President is to work from home henceforth.In a statement issued in Abuja,the Minister said the President only decided to work from home today,not that he has decided to work from home henceforth.He said the headlines in a section of the media, ''Buhari to now work from home-Lai Mohammed,'' is a misrepresentation of his statement at the briefing.Quoting verbatim the relevant section of his briefing,Alhaji Mohammed said: ''He {the President} wanted to rest TODAY and he asked the VP to preside over TODAY'S meeting.In addition,he also asked that all his files be taken home to him and he will be working from home TODAY''.
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