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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THE HAPPENINGS IN GHANA ARE INDEED AGAINST THE SPIRIT OF THE ECOWAS-SPEAKER FEMI GBAJABIAMILA.{PHOTOS}.#ANNOUNCEMENT

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     Discussed yesterday with the Minister of Foreign Affairs, Geoffrey Onyeama, on the situation in Ghana as it affects our citizens. He is very much on top of it, together with the Minister of Trade, Otunba Niyi Adebayo, who is also in touch with his counterpart in Ghana. The happenings in Ghana are indeed against the spirit of the ECOWAS protocol and must be dealt with decisively in the interest of both countries.-Femi Gbajabiamila.

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