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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FG APPROVES N33,000 MONTHLY ALLOWANCE FOR CORPS MEMBERS.{PHOTOS}.

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     By Channels Television
The Federal Government has approved the payment of N33,000 as monthly allowance for members of the National Youth Service Corps (NYSC).
The Director-General of NYSC, Brigadier General Shuaibu Ibrahim, disclosed this during a session with some corps members at the service’s Bauchi State Secretariat.
Brigadier General Ibrahim, who was on a working visit to the state, cleared the air on the amount approved as monthly allowance for corps members.
He explained that the approval was made in line with the implementation of the new National Minimum Wage by the Federal Government.
Ibrahim noted that contrary to the various amounts being circulated on social media, the sum of N33,000 had been approved as the new rate.
He stressed that provision had been made for the new allowance in the year 2020 Budget, adding that payment would commence as soon as funds were released by the appropriate authorities.
The NYSC boss advised the corps members to be security conscious at all times, as well as warned against rumor-mongering and negative usage of the social media.
He also urged them to avoid unauthorised journeys and when authorised to travel, not to do so at night because of the inherent danger.
More photos below.
Image may contain: 1 person, standing and outdoorImage may contain: one or more people, people standing, crowd and outdoor

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