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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RCCG PASTOR RESIGN FROM PULPIT TO BECOME A TRADITIONAL RULER. (PHOTO).

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Pastor resign from Pulpit to

The Lead Pastor at the Redeemed Christian Church of God (RCCG), Jesus House DC, Washington, USA, Pastor Ghandi Olaoye, has resigned from his position in a bid to become the traditional ruler of Ogbomoso (Soun of Ogbomosho), Oyo State.

Having widely practised as a Christian leader for over three decades, Mr Olaoye’s potential kingship will tilt his religious practices towards traditional practices required of the occupant of the first-class royal stool.

As the Soun of Ogbomoso, Mr Olaoye will be expected to observe traditional rites of ascension to the throne of Ogbomoso and will also learn to adapt to traditional festivals of the Ifa oracle, Ogun and Egungun, practices that are against his professed Christian faith.

 

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