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

BALA MUHAMMAD EMERGES CHAIRMAN PDP GOVERNOR’S FORUM. (PHOTOS).



Bala Muhammed Emerges Chairman PDP Governor’s Forum


Bauchi State Governor, Bala Muhammad has emerged chairman PDP Governor's Forum replacing Seyi Makinde of Oyo State


Govenor Ahmadu Umaru Fintiri of Adamawa State announced Bala’s emergence immediately after the PDP governors closed-door meeting held at Bauchi governor’s office in Bauchi.


He announced that Rivers state Governor Siminalayi Fubara is to serve as the Deputy Chairman of the Forum.


The governors and other PDP bigwigs, including the presidential candidate of the party, Atiku Abubakar had stormed Bauchi for a retreat for elected officials.


Ahmadu Fintiri said Bala Muhammad was elected based on his competence and capability to steer the forum to greater heights.


Responding Bala Muhammed who said his emergence was a mark of honour to him and the entire people of Bauchi State, urged his colleagues to support him in order to move the forum and the PDP forward.


Governors who were present were Barrister Caleb Manasseh Mutfwang of Plateau State, Lt. Col. Kefas Agbu of Taraba State, Seyi Makinde of Oyo, Dauda Lawal Dare of Zamfara, Sir Siminalayi Fubara of Rivers, Pastor Umo Bassey Eno of Akwa Ibom, Ahmadu Umaru Fintiri of Adamawa State.


Others are Ademola Jackson Adeleke of Osun State, Sherrif Oborevwori of Delta, Douye Diri of Bayelsa, Peter Ndubuisi of Enugu State and Godwin Obaseke of Edo represented by his deputy, Philip Shuaibu among others.


More photos below. 


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