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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GOV AHMED APPOINTS NEW PROVOST FOR KWARA STATE COLLEGE OF ARABIC & ISLAMIC LEGAL STUDIES.#PRESS RELEASE.

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    Kwara State Governor, Alhaji Abdulfatah Ahmed has approved the appointment of Dr. Olokoba Abdullahi Ayinla as the substantive Provost for the State College of Arabic and Islamic Legal Studies (CAILS), Ilorin.
The appointment was disclosed in a statement released by the Commissioner for Tertiary Education, Science and Technology, Barrister Abdullahi Alikinla on Tuesday.
According to the commissioner, the appointment of Dr. Ayinla takes effect from Tuesday, October 2, 2018.
He expressed confidence that given his qualifications and prior experience, Dr. Ayinla will transition well into his new position as the Provost and capably manage the affairs of the college.
Prior to his appointment, the new Provost was the Deputy Provost, Administrative affairs of the college.It would be recalled that the College had in May, 2018 invited application from qualified candidates for the position.
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