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

GBAJABIAMILA SAD OVER MANTU'S DEATH.[PHOTO].#PRESS RELEASE.

 Gbajabiamila sad over Mantu's death


The Speaker of the House of Representatives, Rep. Femi Gbajabiamila, has described the death of a former Deputy President of the Senate, Ibrahim Mantu, as a sad development.


Gbajabiamila said Mantu, who served as the Deputy President of the Senate in the 5th Assembly, was one Nigerian that would be remembered for his democratic credentials.


The Speaker noted that Mantu contributed immensely to the growth and development of the Nigerian Legislature.


Gbajabiamila sent his condolences to the Government and people of Plateau State, especially the Mantu family, over the loss.


He prayed that the Almighty Allah will grant Mantu Jannatul Firdaus.


Signed:

Lanre Lasisi, Special Adviser on Media and Publicity to the Speaker, House of Representatives, Federal Republic of Nigeria.

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