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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ASUU STRIKE: KADUNA STATE UNIVERSITY STUDENTS BEGIN EXAMINATIONS.(PHOTO).

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Despite the ongoing strike action by members of the Academic Staff Union of Universities (ASUU), students of Kaduna State University (KASU), yesterday, commenced examinations for the 2021/2022 second semester.

Governor Nasir El-Rufai had during a live media chat on local radio stations in Kaduna recently threatened to sack lecturers of the Kaduna State University (KASU) and replace them if they don’t resume.

 However, our correspondent who visited the KASU main campus in Kaduna saw students sitting in lecture halls writing the examinations and supervised by officials.

A student who identified himself as Sani Abdullahi, said:” This is our second semester examinations, we suppose to start last week but was shifted to start today Monday because of the three days public holiday declared by the state government to enable residents obtain their voters cards. The strike affected our lectures. We received few lectures.” Efforts to speak with KASU officials were not successful. ASUU had embarked on industrial action to protest poor funding of universities and non-implementation of agreements reached with the federal government.


 

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