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

AARE ONA KAKANFO CAP FITS GANI ADAMS-FAYOSE.

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      Ekiti State Governor, Chief Ayodele Fayose, has said the title of the Aare Ona Kakanfo of Yorubaland being conferred on the Leader of the Oodua Peoples Congress (OPC), Otunba Gani Adams by the Alaafin of Oyo, Kabiyesi Iku Baba Yeye Oba Lamidi Adeyemi, is putting a round peg in a round hole.
Fayose said he has no doubt that the cap fits Adams going by the pedigree of the recipient of the prestigious title.
He stated this in a message to congratulate Adams on Wednesday in Ado-Ekiti through his Chief Press Secretary, Mr Idowu Adelusi.
According to the governor, Oba Adeyemi made the right choice in the appointment of Adams as the Generalissimo of the Oyo Empire.
"In the Yoruba tradition, before a person is conferred with a chieftaincy title, he must have certain leadership qualities and the title of the Aare Ona Kakanfo of Yorubaland is for that bold, courageous, exemplary man who burns with the zeal to defend our land and protect her interest. All these are not lacking in the character of Otunba Gani Adams.
" I also congratulate Iku Baba Yeye Oba Lamidi Adeyemi for making the right choice and being able to fill the vacancy that existed for nearly two decades after the demise of Chief Moshood Kashimawo Olawale Abiola," he said.
Governor Fayose enjoined all Yoruba sons and daughters, both home and in the Diaspora, to support the new Aare Ona Kakanfo and defend and promote the interest of their race.He wished the 15th Aare Ona Kakanfo a fruitful and successful tenure.One more photo below.
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