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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TRIBUNAL DISMISSES SUIT CHALLENGING ELISHA ABBO'S ELECTION.

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     The Election Petition Tribunal sitting in Yola has dismissed the suit challenging the emergence of Elisha Abbo as the senator representing Adamawa North Senatorial District.
The suit was filed by Sen. Binta Masi of All Progressives Congress (APC) who lost the seat to Abbo during the February 23rd election.
Delivering judgment in the petition today August 29th, the Chairman of the Tribunal, Justice Sulaiman Akanbi, said that the petitioner could not provide any credible evidence to show that the election of Abbo was marred by over voting and other irregularities as alleged.
“All said and done, the petitioner failed to prove his petition with convincing evidence. We consequently dismissed this petition,’’ the judge ruled.
Reacting, counsel to Massi, Mr Yakubu Bello, said that his client would appeal the judgment.One more photo below.
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