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

FIRST BATCH OF LAGOS PILGRIMS LEAVE MAKKAH TODAY TUESDAY.#PRESS RELEASE.

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      The Lagos State Commissioner for Home Affairs and Amir ul Hajj, Dr. AbdulHakeem AbdulLateef has stated that about 312 Lagos pilgrims will leave Makkah for Nigeria on Tuesday, August 28, 2018, aboard Medview Airline Airbus 777.
The Commissioner stated this during an interactive session with the pilgrims in Makkah after their successful completion of the pilgrims’ hajj exercise, stressing that he was extremely happy about the success and safety of all the pilgrims throughout the exercise.
He said: “I am particularly grateful to Allah for giving the officials and the pilgrims the grace to cooperate with one another for the success of this year’s Hajj operation”.
Abdul-Lateef also commended the good manner in which the pilgrims conducted themselves and the courtesy extended to the pilgrims by the officials in relating to them, adding that this is the first time Lagos pilgrims will spend less than 30 days in Saudi Arabia for Hajj exercise.“It is a wonderful development that Lagos pilgrims on the first flight here have just spent the 28th day for this holy pilgrimage. We are happy and hope it will continue”, the Commissioner declared.
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