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

OBASEKI EXPRESSES SHOCK AT KILLING OF APC YOUTH LEADER 'SEDI'+COMMISERATES WITH HIS FAMILY.


      The Governor of Edo State, Mr. Godwin Obaseki, has expressed shock at the news of the brutal killing of the All Progressives Congress (APC) youth leader in Etsako West Local Government Area of the state, Mr. Samson Sedi, who was allegedly shot by armed robbers on Wednesday night in Jattu.
“I was shocked on receiving the news of Mr. Samson Sedi’s death. My heart goes out to his family. I have ordered the relevant security agencies to arrest the killers and prosecute them without delay,” Obaseki said.
He described the late Sedi as “a grassroots mobiliser, a philanthropist who cared for orphans and a great lover of people, whose death is a huge loss to Edo people and the APC.”
Mr. Sedi was allegedly killed by armed robbers while attempting to rescue a female petrol station attendant in Jattu, Etsako West Local Government Area, who was being robbed on Wednesday in Jattu.
“I learnt he was driving into a road around a petrol station in Jattu and heard a female petrol station attendant shouting for help. The late Sedi, drove into the petrol station to ascertain what was happening, only to be shot by the armed robbers who were operating at the petrol station. Sedi has been with us in our party for a long time and I sympathise with his family,” the governor said.Sedi who was fondly called ‘Power Remain’ by his friends and supporters, was a rallying point for APC youths in his ward and constituency.

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