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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PRESIDENCY: TINUBU WILL USE 'MAGIC' TO FIX NIGERIA LIKE LAGOS- SANWO-OLU. (PHOTO).

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Governor Babajide Sanwo-Olu of Lagos State, has said Bola Tinubu, an All Progressives Congress, APC, presidential aspirant will use a “magic wand” to fix Nigeria’s problems if elected in 2023.

Sanwo-Olu said Tinubu knows the issues plaguing the country, hence has the solution.

Speaking in Lagos yesterday, the governor said Nigerians should give the APC National Leader a chance to be president next year.

He urged lawmakers in Lagos State to work towards ensuring that Tinubu becomes Nigeria’s next president.

He said, “Tinubu knows the issues plaguing our nation like the back of his hands and he has the magic wand to fix it.

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