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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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MINISTER SAYS NIGERIA SAFE FOR TOURISM, BUSINESS AFTER FOREIGN BIKERS' TOUR.{PHOTOS}.#PRESS RELEASE.

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       The Minister of Information and Culture, Alhaji Lai Mohammed, has said the successful, two-week tour of cultural heritage and historic sites across the country by local and foreign bikers, under the auspices of the Latin America Motorcycles Association (LAMA), has confirmed that Nigeria is now safe for tourism and business. The Minister made the remarks in Abuja on Monday while bidding farewell to the foreign bikers at the end of the tour that took them to eight states covering four geo-political zones and the Federal Capital Territory (FCT). “From the report that I have received, this tour is a great success. It is also an attestation to the fact that Nigeria is indeed a safe destination for tourists and business people alike. Yes, there are security challenges here and there - and this is not peculiar to Nigeria. But our country is safer today than it was before the advent of this Administration in 2015, thanks to the political will shown by the Administration and the
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