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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OGSIEC AMENDS ELECTORAL TIMETABLE, RETAINS JULY 24 FOR ELECTIONS.{PHOTOS}.#PRESS RELEASE

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In preparation for the forth coming Local Government elections, the Ogun State Independent Electoral Commission (OGSIEC) has amended the earlier released timetable, as party primaries have been increased from five to 22days, starting from Wednesday, May 5 to Thursday, May 27, 2021.
Political campaigns are now to end midnight on Thursday, July 22, 2021, as against the earlier slated time, while the election date remained Saturday, July 24, 2021.
Chairman, OGSIEC, Mr. Babatunde Osibodu made this announcement at the official flag-off ceremony of the political activities leading to the 2021 Local Government elections, at the June 12 Cultural Center kuto Abeokuta, urging the political class and aspirants to embrace stipulated guidelines.
Osibodu said the Commission would waive the payment of a non-refundable deposit by intending candidates for female aspirants, adding that it was a gesture to encourage more women to participate in the election.More photos below.

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