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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ANTI-OPEN GRAZING: GIVE US TIME TO TRAIN OUR MEMBERS-MIYETTI ALLAH BEGS LAGOS.{PHOTO}

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The south-west chapter of Miyetti Allah Cattle Breeders Association (MACBAN) says it needs time to train its members on how to stop the practice of open grazing.


Maikudi Usman, zonal secretary of south-west MACBAN, made the plea on Wednesday at the public hearing of the Lagos state anti-open grazing bill.


He said the members of the association need time to be educated on “how they will be breeding cattle in one place and not transfer to anybody’s land”.


“Our breeders are not used to breeding cattle in one place. They move from here to another place. When we say we’ll keep cattle in one place, the owner of the cattle will not have funds to feed the animals in one place,” Usman said.


“They’ve already depended on going from one place to another. Because in the rainy season time, we have where we settle down, and we also have for the dry season.


“We are pleading with Lagos state government to give us time to go tell our people and train them how they will be breeding cattle in one place and not transfer to anybody’s land.


“But breeding in one place, right now, our people do not have the power to do so. What you’re not used to, you have to be taught. And gradually, everybody will understand.”

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