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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SEN. ADELEKE ARRESTED TODAY BY THE POLICE FOR ALLEGED EXAMINATION MALPRACTICE.

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      Mr Adeleke was arraigned on Wednesday at a Federal High Court in Abuja on a four-count charge for alleged examination malpractice.
He was arraigned by the police for presenting himself as a student of Ojo-aron community grammar school in his state in 2017.
He has denied the allegation and alleged political withchunt.
He was brought to court with four other accused, including the school principal by the Nigerian police on Wednesday.
Mr Adeleke was however granted bail on self-recognizance by Justice I E, Ekwo.
The court ordered him to deposit his international passport with the registrar.
Mr Adeleke was also asked to sign a bond stating that he will always be present at his trial.
Mr Adeleke narrowly lost to the candidate of the All Progressives Congress, Gboyega Oyetola, in the governorship election. He is however, challenging the result at the election tribunal where he is asking to be declared the governor elect.
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