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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POLICE SEAL OFF AKWA IBOM STATE HOUSE OF ASSEMBLY TODAY.

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     According to Channels TV ''The premises of the Akwa Ibom State House of Assembly in Uyo, the state capital, has been sealed off by the police.

Lawmakers and staff of the Assembly were reportedly denied access into the complex on Wednesday as it was cordoned off by armed police personnel.
There is also a heavy security presence at all the entrances leading into the complex.
Police authorities are, however yet to react to the development.
The crisis had earlier erupted at the State House of Assembly on Monday, when the Speaker, Onofiok Luke, declared vacant the seats of five lawmakers who had defected from Peoples Democratic Party (PDP) to the All Progressives Congress (APC).
Also, the National Chairman of the APC, Adams Oshiomhole, in reaction to the incident lamented that members of his party are being intimidated in states controlled by PDP.
Oshiomhole also claimed that the state governor colluded with police officers to intimidate APC members''.
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