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

GOV. FAYEMI WARNS NYSC MEMBERS AGAINST INDISCRIMINATE SEX AND CULTISM.#PRESS RELEASE.

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      Governor Kayode Fayemi of Ekiti on Monday warned members of the National Youth Service Corps (NYSC) against indiscriminate sex, cultism and other acts that could jeopardise the objectives of the scheme.
Fayemi gave the warning at the official closing ceremony of the 2018 Batch C Stream One orientation course for the corps members at Ise, Orun-Emure Ekiti.
The governor, who was represented by the Deputy Governor, Chief Bisi Egbeyemi, said that the NYSC had yielded the desired results and that there was the need to build on the vision of its founding fathers.
He also urged the corps members to work with zeal in their places of primary assignment where they were posted to.
Earlier, the State Coordinator of the NYSC, Mrs Emmanuella Okpongete, had commended the patriotism and commitment of the corps members and urged them to shun frivolous travelling.Okpongete solicited the assistance of the government in addressing the challenges at the NYSC orientation camp.
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