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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LOKOJA MONARCH DIES AT 80, KOGI GOVERNOR, OTHERS MOURN YABAGI DANLADI.(PHOTO).

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 LOKOJA MONARCH DIES AT 80, KOGI GOVERNOR, OTHERS MOURN YABAGI DANLADI



The traditional ruler of Lokoja, Alhaji Kabir Maikarfi III (OON) has died at 80 years of age after a brief illness.

Secretary to Lokoja Local Government Traditional Council, Muhammed Usman stated this in a press statement.

The statement noted that the royal father would be buried later on Thursday in Lokoja at 16hrs (4:00pm) local time.
 
Meanwhile, Kogi State Governor, Alhaji Yahaya Bello has joined others to condole the family of decease over the loss and prayed Almighty Allah to grant the Royal Father eternal rest. .

This was contained in a press statement signed by the Governor’s Chief Press Secretary, Onogwu Muhammed.

The Governor described the late monarch as a principled, firm, incompatible and loving father whose words of advice, guidance and unique leadership would be missed.

He also prayed for fortitude for those left behind for their loss and enjoined them to take solace in the fact that he lived a life worthy of emulation.

In their condolence messages, the Deputy Governor, Chief Edward Onoja, the minister of state for FCT, Hajiya Ramatu Tijani and other dignitaries also expressed sadness over the death and described the monarch in glowing tribute.

Benue info-pedia, recalls that the traditional ruler ascended the throne as the traditional ruler of the ancient town in 1992 and recently celebrated 30th anniversary as monarch in March this year.



 

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