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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GOVERNOR BUNI ASSENTED 3 BILLS INTO LAW.(PHOTO).#PRESS RELEASE.

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GOVERNOR BUNI ASSENTED 3 BILLS INTO LAW

 
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 His Excellency the Executive Governor of Yobe State Hon. Mai Mala Buni has assented to the following Bills for the speady administration of justice, address the problem of violence against persons and the protection of children. The assented laws are:.  

 1. A bill for a law to establish the Yobe State Justice Reform Team to coordinate the various Justice Institutions and other matters thereto.    

  2. A bill for a law to prohibit all forms of violence against persons in private and public life and to provide maximum protection and effective Remedies for victims and punishment of offenders and other related matters.  
  
3. A bill for a law to provide for the protection of children in Yobe State and other related matters thereto.

Shuaibu Abdullahi, 
Press Secretary to SSG.

 

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