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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DERIN ADEBIYI EMERGES OGUN APC CHAIRMAN.{PHOTOS}

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      Senior Special Adviser to the Ogun State Governor, Senator Ibikunle Amosun, Chief Derin Adeniyi, has emerge the All Progressives Congress (APC) chairman in the state.
Adebiyi, who emerged unopposed, with a total of 1712, out of the total 1730 votes cast at the party's State Congress, held at the June 12 Cultural Centre, Abeokuta, promised to carry out an all inclusive politics.
He attributed the peaceful conduct of the congress to the exceptional leadership quality of the governor, saying the era of indiscipline in party politics is over.
Commending Amosun for how he was able to ensure.the growth of the party, he expressed optimism that the APC will emerge victoriou, with a landslide victory in the 2019 polls.
In his welcome address, former party Chairman in the state, Alhaji Tajudeen Lemboye, thanked the party for the opportunity given him and his team to serve, appealing to the newly elected party executive members to continue the good work and keep the party's flag flying.
The State Congress Chairman for the state, Rev. Peter Obadan, who announced the result, in his speech, appreciated party faithful and delegates for peacefully conducting themselves in a manner that ensured the victory of the congress.
He noted that success without a worthy successor is a failure, adding that the turnout, unity and harmony, witnessed, was a pointer to the fact that the party is ready to elect a worthy successor to Amosun.The governor, in his address, appreciated the delegates and party faithful for the successful outcome of the congress, urging the Adebiyi-led executive to work towards building a formidable party.More photos below.
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