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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SOUTHERN GOVERNORS MEETING: JONATHAN STRESSES ON WHY GOVERNORS SHOULD BE MEETING REGULARLY.{PHOTO}.

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Southern Governors Meeting: Jonathan Stresses On Why Governors Should Be Meeting Regularly
Former President, Goodluck Jonathan has said state governors are the ones “running” Nigeria.
Jonathan stressed that the coming together of all the governors in a round table to discuss and proffer solutions to issues affecting Nigeria would help the President.
“Governors themselves should continue to meet, I don’t really love a situation where the Northern governors will meet then the Southern governors will cry foul.
“Then the Southern governors will meet then the Northern governors will cry foul,. That will not help our country.
“The governors through the governors forum should meet, they are the people who run this country, the President is just one person in Abuja.
“The states, especially in a country where the local governments are very weak, it’s the states that people fall back to.
“So if the governors of the states meet and dialogue, interrogate things that are good for this country, then we will move forward.
“I don’t really enjoy the antagonism between governors, they should come together and discuss.
“If there are issues affecting one or two states, I think the governors should see how they can collectively come with a way to address those issues,” he added.
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