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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EKITI GUBER: PDP PICKS A YOUTH,MUSLIM AS ELEKA'S RUNNING MATE.

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     The leadership of the Peoples Democratic Party (PDP), in Ekiti State has picked immediate past Chairman of Ado Local Government, 39-year-old Kazeem Deji Ogunsakin , as the running mate to its Governorship candidate, Prof. Kolapo Olusola Eleka.
With the development, Ogunsakin, a Muslim, would complement the election of Eleka, a Christian cleric, on religious sentiment.
Recall also that the Muslim community in Ekiti a few months ago had demanded the choice of a Muslim as Deputy governor as condition to throw their weight behind Governor Ayo Fayose in his support for Eleka as the party's candidate.
According to a press release signed by the state's party chairman, Chief Gboyega Oguntuase, and made available to newsmen on Friday, the decision to pick Ogunsakin, a Muslim and young banker, was reached ": after an extensive consultations with various stakeholders, including the youths and, by extension, the Muslim community in the state."
He further said that: "The choice of 39 year old Economist and banker was informed by the need to involve the younger generation in governance of the Stage in line with the global teens as well as give the Muslim community in the State a sense of belonging.
Furthermore, it is our belief that Ado Ekiti, being the state capital with the largest voting population, deserves consideration for the deputy governorship position.".The PDP Deputy Governorship candidate, who is a graduate of Economics from the Ekiti State University, Ado Ekiti, also holds a Masters' degree in Business Administration from the University if Lagos. Until his nomination, he was raining he head of the Due Process Office.
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