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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PORTABLE CELEBRATES RELEASE FROM PRISON, SHARES FOOD ITEMS TO FANS. (PHOTOS).

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Portable Celebrates Release from Prison, Shares Food Items to Fans. 

Controversial singer, Habeeb Okikiola, popularly known as Portable, recently took to the streets to distribute food items to some residents of Lagos State.

The Zazoo crooner shared videos of philanthropic gestures via his Instagram page.

In the videos, the singer was seen distributing food items such as rice, bread, and drinks amongst others to some of his fans.

He also shared footwear and other non-edibles with the less-privileged.

His generous act is coming barely 48 hours after he was freed from detention.

Recall that Portable was arrested by police operatives on Friday after failing to honour invitations extended to him and was arraigned in court on Monday on a three-count charge bothering on assault and theft of musical equipment.

However, he was granted bail in the sum of N800,000 for the three charges with two sureties in like sum, by an Ogun State Magistrate’s Court sitting in Ifo.

The Magistrate ordered that the singer be remanded at the correctional centre in Ilaro pending the perfection of the bail conditions. He was later freed after perfecting his bail conditions.

After his release, Portable had promised to turn a new leaf.

The case was adjourned to the 26th of April for the commencement of trial.

More photos below. 




 

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