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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WORKERS DAY: FG DECLARES MAY 1ST PUBLIC HOLIDAY.

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      The federal government has declared Wednesday, May 1, as a public holiday to celebrate the 2019 Workers’ Day.
The Minister of Interior, Abdulrahman Bello Dambazau, made the declaration through a press statement.
Speaking on behalf of the federal government, he congratulated Nigerian workers on their commitment and sacrifice towards building a greater Nigeria.
He commended workers’ effort at ensuring the full implementation of the policies and programmes of the government.
He said they did this through efficient and effective service delivery to Nigerians and foreigners.
Mr Dambazau called for continuous support of Nigerian workers in government’s effort at re-positioning the economy and moving it to the Next Level.
He commended them for keeping faith with President Muhammadu Buhari administration’s resolve of building a better Nigeria.
The minister wished all Nigerian workers a successful May Day celebration.
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