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

LP KICKS AS PDP’S KATUNG WINS KADUNA SOUTH SENATORIAL SEAT. (PHOTO).


 LP Kicks As PDP’s Katung Wins Kaduna South Senatorial Seat

Sunday Katung of the Peoples Democratic Party, PDP, has been declared winner of the Feb. 25 elections for Kaduna South Senatorial district.

The returning officer, Abdullahi Dalhatu, who declared the result in Kafanchan on Monday, said Mr Katung polled 138, 246 votes, to defeat his closest rival Ayuba Michael of the Labour Party, who got 101,479 votes.

Mr Dalhatu added that All Progressives Congress candidate, Bulus Audu, came third with 77,753 votes, while Rufai Ahmed of the New Nigeria People’s Party scored 8, 140 votes.

He explained that a total of 337, 953 voters were accredited, out of which 335, 520 cast their votes.

“Sunday Katung of the PDP, having satisfied the requirement of the law by scoring the highest votes, is hereby declared the winner,” he said.

Meanwhile, the Labour Party has called for cancellation of the results in six of the eight Local Government Areas that make up the senatorial district.

Ayuba Michael, the party’s candidate in the election, made the call at a press conference in Kafanchan.

Mr Auta alleged that the election in the district was characterized by irregularities such as non use of the BVAs in many polling units, over voting, manipulation of results on form EC8A11.

According to him, others include intimidation of the party’s agents and voters, and uploading of results to INEC server while voting was still in progress.

He added that the party had sufficient evidence to back up it’s claims.

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