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

PHOTOS FROM THE LAGOS STREET CARNIVAL TODAY.{PHOTOS}


     Parade of colors at The Lagos Street Carnival.The Permanent Secretary, Ministry of Information and Strategy, Mrs. Kofo Awobamise enjoying performances by Lagos State Council for Arts and Culture at The Lagos Street Carnival.HC, Ministry of Information & Strategy, Mr. Steve Ayorinde; PS, Ministry of Tourism, Arts and Culture, Mr. Fola Adeyemi, and other dignitaries at the Lagos Street Carnival.Representing His Excellency, Gov. Ambode at the Lagos Street Carnival is the Deputy Governor, Dr. Idiat Adebule seated with the Special Adviser on Tourism, Arts and Culture, Mrs. Adebimpe Akinsola #TheLagosStreetCarnival #TLSCMore photos below.
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