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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AIR PEACE BOSS RECEIVES STANDING OVATION TODAY AT THE HOUSE OF REPS.{PHOTOS}.

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    The Managing Director and Chief Executive Officer (CEO) of Air Peace airline, Allen Onyema on Wednesday received a standing ovation from members of the House of Representatives.
The lawmakers had invited Onyema to commend him for offering free services bringing Nigerian citizens caught up in the xenophobic attacks in South Africa back home.
Speaker of the House of Representatives, Femi Gbajabiamila, shortly after saying the opening prayers, asked that the Order Paper be temporarily suspended to allow the lawmakers to receive Onyema for recognition.
As the Chief Whip, Mohammed Monguno ushered Onyema into the chamber, the lawmakers gave him a rousing welcome and standing ovation.
Others approached him to embrace and shake hands with him.
Gbajabiamila, while addressing the assembly commended the airline boss over the humanitarian roles he played in the wake of xenophobic attacks on foreigners, including Nigerians in South Africa.
He said the act was a rare show of patriotism that ought to be celebrated.
“We hereby commend Mr Allen Onyeama and recommend him to the federal government for higher honours in Nigeria,” the Speaker said.
Oyemama, in response, thanked the lawmakers for the honour.
He added that his actions were spontaneous and he would do anything to evacuate even a single Nigerian and also seized the opportunity to call for unity across the country.
Speaker Gbajabiamila also went to his official twitter handle @Femigbaja to give details of his meeting with the airline boss.
“I just met with Mr. Allen Onyema the CEO of Aipeace, we owe him gratitude for flying Nigerians stranded in South Africa back home at no cost, his benevolence will not be forgotten. Join me in thanking him,” Gbajabiamila tweeted.One more photo below.
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