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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“MATAWALLE LEFT N4M IN ZAMFARA ACCOUNT” – GOV LAWAL.(PHOTO)..

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“MATAWALLE LEFT N4M IN ZAMFARA ACCOUNT” – GOV LAWAL



The Zamfara State Governor, Dauda Lawal,  has stated that he only met about N4 million in a single account since he assumed power on May 29, 2023.


According to the Governor, this has forced him to be operating the affairs of the state on debt as the four months’ salary of workers are yet to be paid.


Lawal revealed these on Monday during an interview with BBC Hausa, adding that the state is unable to pay security agencies their allowances.

“I have been running the affairs of the state on debt since I assumed office as governor of Zamfara. I met the treasury account of the state with no money. I only saw a single account with about N3 to N4 million in it,” he said.


“It is about three months now and we are yet to pay the salary of the workers. If you look at all the government agencies, the power supply to the buildings has been disconnected due to the hundreds of millions of debts incurred.


“The security agencies, for three months now, the allowance given to them for their daily operations has not been paid. Currently, students of senior secondary schools have not written their WAEC and NECO exams because the government owes over one billion naira.”


When asked whether N20 billion was left in the State treasury by Matawalle’s administration, Lawal said the claim was false, calling on the past government to publicly present evidence showing the amount it left in the state account.

 

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