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

LAI MOHAMMED & AMOSUN ON A TOUR TODAY AT THE REMODELLING OF THE RANSOME-KUTI FAMILY HOUSE IN OGUN STATE.{PHOTOS}.


Image may contain: 7 people, people smiling, people standing and outdoor       Governor Ibikunle Amosun on tour of the ongoing remodelling of the Ransome-Kuti family house onto a landmark cultural heritage, said the "contributions of the Ransome-Kutis' cannot be localised.".The governor spoke in company of the Minister of Information and Culture, Alhaji Lai Mohammed, who said the Federal Government will collaborate with the state.More photos below.Image may contain: 4 people, people smiling, hatImage may contain: outdoorImage may contain: 1 person, standing and hatNo automatic alt text available.Image may contain: one or more people and people sittingImage may contain: indoorImage may contain: 1 personImage may contain: 1 personImage may contain: 2 people, people smiling, people standingImage may contain: 2 people, people standingImage may contain: 4 people, people smiling, people standing

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