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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INEC TO SUSPEND CONTINUOUS VOTER REGISTRATION ON AUGUST 17,2018.{PHOTO}.

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     The Independent National Electoral Commission (INEC) said that it would suspend the ongoing Continuous Voter Registration (CVR) on August 17 until after the 2019 general elections.
The decision, was taken following consultative meetings the commission had with major stakeholders in Nigeria in the electoral process.
INEC has met with leaders of political parties, the media, civil society organisations and security agencies.
The stakeholders stressed the need to comply with statutory timelines and unanimously agreed that sufficient time be given between the capture of data, its processing and the production of the PVCs.
Given the activities necessary for this, the commission, acting on the recommendation of the stakeholders has decided to suspend the ongoing CVR at 3p.m on Friday, August 17, until after the general elections.
The collection of PVCs will, however, continue until a week to the commencement of general elections on Feb. 16, 2019,The Independent National Electoral Commission (INEC) has said that it was still in possession of 7,920,129 Permanent Voter Cards (PVCs) yet to be collected from its offices across the nation.
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