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

IT IS A FALLACY TO SAY NIGERIA IS TOO BIG TO FAIL-BEN MURRAY-BRUCE.

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      Senator Ben Murray-Bruce took to his social media few hours ago to write ''It is a fallacy to say Nigeria is too big to fail. Bigness is not the yardstick for success. Let us stop relying on being big and start relying on being smart! The smart thing for a giant that is fighting it hard to make progress to do is to identify what is holding it back and fix it. Restructuring is Nigeria's only hope!''.
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