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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SENATOR AKPABIO RESIGNS AS MINORITY LEADER+TO BE RECEIVED BY APC AT A RALLY TOMORROW.{PHOTOS}.#PRESS RELEASE.

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     Senator representing Akwa Ibom North West Senatorial District, Senator Godswill Akpabio has resigned as the Minority Leader of the 8th Senate of the Federal Republic of Nigeria.
In a resignation letter addressed to the Deputy Minority Leader, Senator Emmanuel Bwacha, Senator Akpabio said his resignation was with effect from August 4, 2018.
Senator Akpabio thanked the Senate leadership, the minority leadership, all distinguished Senators, his party the Peoples Democratic Party (PDP) for the opportunity to lead the PDP Caucus in the last three years.
Senator Akpabio is expected to be received into the All Progressives Congress (APC) at a rally in Ikot Ekpene, Akwa Ibom State on Wednesday, August 8, 2018.One more photo below.
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