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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PRESIDENT BUHARI PRESIDES OVER FEC MEETING TODAY.{PHOTOS}.

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     President Buhari presides over Federal Executive Council (FEC) Meeting, receives Compendium of Reports by Ministry, Department and Agencies in State House on 10th Oct 2018
President Buhari with R-L: Vice President Yemi Osinbajo, Secretary to the Government of Federation Boss Mustapha, Chief of Staff to the President Abba Kyari, Head of Service of the Federation Mrs Winifred Eyo-Ita and National Security Adviser Babagana Monguno as he presides over Federal Executive Council (FEC) Meeting in State House on 10th Oct 2018
Vice President Yemi Osinbajo with National Security Adviser Babagana Monguno, Minister of Water Resources Suleiman Adamu and Secretary to the Government of Federation Boss Mustapha ahead of Federal Executive Council (FEC) Meeting in State House on 10th Oct 2018.More photos below.
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