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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PRESIDENT BUHARI WILL TRAVEL TO GHANA TOMORROW FOR THEIR 61ST INDEPENDENCE ANNIVERSARY.

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         President Muhammadu Buhari will Monday depart for Accra, Ghana, to attend the country’s 61st Independence Anniversary celebrations holding at the Independence Square on Tuesday, March 6.
The president’s spokesperson, Femi Adesina, said in a statement on Sunday that Mr. Buhari is the only foreign leader invited to the historic event as the Special Guest of Honour.
“Similarly, other than his host, President Nana Akufo-Addo, the Nigerian leader is the only foreign guest scheduled to address the august gathering,” Mr. Adesina said.
He also said Mr. Buhari will use the “unique opportunity to reaffirm the long-standing warm relations between the peoples and governments of both brotherly nations”.
He said the president will also underscore Nigeria’s commitment to strengthening the bilateral ties in furtherance of democracy, good governance and overall development not only in the West African sub-region, but also the African continent.“The president and his delegation which includes, the Minister of Foreign Affairs, Geoffrey Onyeama, and the National Security Adviser, Babagana Monguno, will return to Abuja after the celebrations on Tuesday,” the statement said.
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