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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FAYOSE INTERACTS WITH CIVIL SERVANTS+DEBUNKS RUMOR OF N56B LOAN.{PHOTOS}.

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      An interface between Governor Ayodele Fayose and civil servants from grade levels 1 to 13 at the government house pavilion, Ado-Ekiti is presently ongoing.
Governor Fayose who thanked the workers for their support addressed issues raised by the civil servants, while some of the problems were solved immediately, mechanism was put in place to resolve others.
Also at the meeting, governor Fayose informed the civil servants that he has received #4.76b Paris Club refund, he told them the money will be shared between the state and local government next week.
Fayose who directed the Accountant General to make sure workers get their Xmas bonus latest Thursday 21st December, 2017 also assured them that leave bonus and salaries will be paid.
Meanwhile, Ekiti State Government has described as total falsehood, report that the State borrowed a total sum of N56 billion since Governor Ayodele Fayose assumed office and that a fresh N25 billion loan was applied for; saying that; “the only fresh loan taken by the government of Fayose was the N10 billion grant from the Excess Crude Account, which was released to all States for capital projects, N2.8 billion requested from Wema Bank to pay State Universal Basic Education Board (SUBEB) counterpart fund out of which N1 billion has been accessed and N600 million for MDGs counterpart fund, which has been repaid.”.More photos below.
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