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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LAGOS APC LOSES YEYE KEMI NELSON.(PHOTO).#PRESS RELEASE

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Black Sunday: Lagos APC Loses Yeye Kemi Nelson 

Former Women Leader of the All Progressives Congress in Lagos State and one of the top female members of the party, Chief Mrs Kemi Nelson is dead.

Yeye Kemi Nelson had been battling an undisclosed ailment for some time now. She recently held a Thanksgiving Service after her recovery from the ailment.

Lagos Monitoring Team confirmed from a party chieftain who announced the said news on his WhatsApp status.

An official statement, according to sources, will be issued soon.

Nelson served as Commissioner during the administration of Asiwaju Bola Ahmed Tinubu as Governor of Lagos State. 

She also held several positions both in the state and in the country.

 

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