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

IMMEDIATE PAST DEPUTY GOVERNR OF KADUNA STATE 'BARNABAS YUSUF BALA' IS DEAD,{PHOTO}.#PRESS RELEASE.

 Immediate past Deputy Governor of Kaduna State is dead!


It’s a VERY SAD DAY: 


In Bantex, I have lost a dear friend and partner in the service of Kaduna State


In the midst of trying times, I have received with utter sadness news of the departure of my friend and brother, His Excellency Barnabas Yusuf Bala (Bantex). 


From our days as undergraduates in the 1970s to our practice as professional colleagues in the construction industry and eventually partners in a governance project, Bantex was consistently a dependable man of brilliance and imagination. He believed in the potential of our state and in the capacity of our people to work together for progressive attainments. 


Together, we took on the task of providing new leadership for Kaduna State in 2015. He brought to his duties as Deputy Governor during our first term his unique insights as a politician with experience in navigating the diversity of our state. Bantex radiated hope and optimism in the future of our state, even when the circumstances were dreary. 


Bantex had served the people of Kaduna State in several capacities prior to becoming Deputy Governor. As a delegate to the 1994 Constitutional Conference, chairman of Kaura Local Government Council and member for Kaura Federal Constituency in the House of Representatives, he was a sterling symbol of representative democracy.


We would miss his brilliance and his commitment to Kaduna State, his easygoing manners, his sense of humour and steadfastness to his convictions.


I have spoken to his family and conveyed our condolence on behalf of the government and people of Kaduna State. We shall work closely with his family to grant a befitting farewell to a man who gave so much to this state even when hobbled by ill-health. 


We have been blessed to know Bantex and to work with him. We pray God to grant him peaceful repose and to comfort his wife, children and the entire family in this moment of grief and loss.


Signed


Nasir Ahmad El-Rufai

Governor of Kaduna State

11th July 2021

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