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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AIR PEACE OFFERS 11-YEAR-OLD ANAMBRA’S GYMNASTICS SENSATION N1M.(PHOTO).

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Air Peace offers 11-year-old Anambra’s Gymnastics Sensation N1m

Air Peace, a private Nigerian airline, on Monday said it has handed some reward to Anambra’s gymnastics sensation, Stephanie Onusiriuka.

The airline said on its twitter handle @flyairpeace that Onusiriuka received the sum of one million Naira from its Chairman, Allen Onyeama.
It added that this reward was for her performance at the recent African Club Gymnastics Championship in Pretoria, South Africa.

The airline said further than that, the 11-year-old also earned free flight tickets to all Air Peace destinations for trainings and competitions.

“Congratulations to Stephanie Onusiriuka, an 11-year-old Nigerian who recently won a gold medal at the Junior Olympics Level of the African Club Championship in Pretoria.”

It added: “Supporting young talent, especially in sports, is part of our Corporate Social Responsibility orientation”.

Onusiriuka, alongside eight other gymnasts from the Abuja-based Tony International Gymnastics Club, featured at the Aug. 12 to Aug. 13 event in Pretoria.

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