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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AMOSUN COMMISERATES WITH AREGBESOLA OVER HIS MOTHER'S DEATH.{PHOTO}.

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Image may contain: 1 person, sitting              Ogun State Governor, Senator Ibikunke Amosun has commiserated with his Osun State counterpart, Ogbeni Rauf Aregbesola, over the death of his mother, Alhaja Saratu Aregbesola.
Amosun, in a statement said the governor's late mother, popularly called Iya olobi, was a devout Muslim, who dedicated her life to the relentless teaching and zealous practise of the core values of Islam.
"Alhaja Saratu Aregbesola's death is a big loss, not only to her immediate and extended family members, but also the Islamic community. With her wise counsel, strictly according to Islamic injunctions, she was able to mould those at home and within her community to live righteous lives.
"I therefore urge the family to be consoled by the fact that she fulfilled her purpose in life through the raising of God-fearing children. Her exceptional humanitarian services also stand as an external testimonial, which her community will forever cherish.
"No doubt, she was a formidable pillar for her son and my brother, Governor Rauf Aregbesola, in his journey through life, particularly during his political struggles. We all appreciate her sacrifices."May Allah Subhanahu Wa Taalah grant the family the fortitude to bear the irreparable loss and also the departed, Aljanah Fridaos", Amosun added.
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