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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EL-RUFAI DEPOSES TWO KADUNA MONARCHS,SACKS DISTRICT HEADS. (PHOTO).

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El-Rufai Deposes Two Kaduna Monarchs, Sacks District Heads

May 22, 2023

Kaduna State Governor, Nasir El-Rufai
Governor Nasir El-Rufai of Kaduna State has approved the deposition of the traditional rulers of Piriga and Arak Chiefdoms, His Highness, Jonathan Paragua Zamuna and His Highness, General Aliyu Iliyah Yammah(retd.), with immediate effect.

The state Commissioner of Local Government, Hajiya Umma Ahmad, disclosed this in a statement on Monday.

According to the statement, the deposed monarchs cease to hold their respective offices from Monday.

“The District Head of Garun Kurama, Babangida Sule, will oversee the affairs of Piriga Chiefdom, pending the appointment of a new chief, while the Council Secretary has been directed to initiate the process for the appointment of a new Chief.”

“Gomna Ahmadu, the Council Secretary of Arak Chiefdom, will oversee the affairs of the chiefdom and also initiate the process for the appointment of a new Chief.

“The government found unacceptable the response of General Iliyah Yammah to the query regarding his appointment of four district heads, contrary to the one approved for his chiefdom, and his non-residence within Arak chiefdom.

“The deposition of Jonathan Zamuna follows the recent communal clashes between the Gure and Kitimi communities of Piriga chiefdom in Lere LGA, and his non-residence within the chiefdom.”

The statement also announced the immediate disengagement of the village heads of Aban, Abujan Mada and Anjil in Arak Chiefdom.

At the weekend, El-Rufai had vowed to keep sacking people and demolishing structures till the 11th hour.

The governor will exit office next week after serving two terms.


 

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