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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FCTA IS PREPARING TO LIFT EMBARGO PLACED ON LAND ALLOCATION 2YEARS AGO+THE 12 COMPLETED RAIL STATIONS .{PHOTOS}.

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     FCT Minister, Mohammed Bello, says "Federal Capital Territory Administration(FCTA) now preparing to lift embargo placed on land allocation in the last 2 years. Embargo was placed in order to clear up inherited issues of double allocation & allocation without consideration for infrastructure.".The 12 completed stations of the #AbujaLightRail are as follows: The Metro Station, Stadium, Wupa, Kukwaba 1 and 2, Gwagwa, Dei-Dei, Idu, Bassanjiwa, Airport, Kagini, and Bazango stations.More photos below.
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