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

INEC PRESS RELEASE TODAY ON THE OSUN GOVERNORSHIP ELECTION.{PHOTOS}.#PRESS RELEASE.

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        According to the document above which states that
    ''The Osun State Governorship Election took place as planned on 22nd September,2018.As widely testified by Independent Observers and many candidates,the election proceeded smoothly.Election materials arrived on time,voters were very orderly and polling units opened at the designated time of 8:00am. In fact most of the reports received by the Commission indicate that about 98% of the 3,010 Polling Units opened on time,which surpassed the situation in all previous elections organized by the Commission.
Clearly,this has been one of the most keenly contested elections in Nigeria in recent times. We congratulate the Osun State voters for their keen interest in the polls,as shown in the large turnout ,their orderliness and their respect for the rules governing the process. We also thank all stakeholders,including the political parties and candidates,election observers,security agencies,traditional rulers,for their unprecedented cooperation before,during and since the election.
 Notwithstanding the successful conduct of the elections,the Returning Officer,Professor Joseph Adeola Fuwape,Vice Chancellor of the Federal University of Technology,Akure,has communicated to the Commission his inability to make a return in accordance with the legal framework and INEC Guidelines.This is as a result of areas where results were cancelled,there was no voting or there were disruptions'' .Read the affected areas in the document above and below.
  ''Based on the results collated by the Returning Officer,the margin between the two leading candidates is 353 which is lower than the number of registered voters in the affected areas. Extant Law and INEC Guidelines and Regulations provide that where such a situation occurs ,a declaration may not be made.
In the light of the foregoing,the Commission met and decided that it will remobilize and return to the affected polling units on Thursday,27th September,2018 to Rerun the elections,conclude collation and make a Rerun.
We appeal to all stakeholders and particularly the people of Osun State to continue with the maturity and peaceful manner they have so far approached the elections.The Commission wishes to reiterate its pledge that it is only the votes of the electorate in Osun State that will determine who becomes the next Governor of their State.
PRINCE SOLOMON ADEDEJI SOYEBI
National Commissioner
Chairman,Information & Voter Education Committee
Sunday 23rd September,2018.

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