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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TINUBU DECORATES NEW SERVICE CHIEFS WITH HIGHER RANKS AT PRESIDENTIAL VILLA. (PHOTO).

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Tinubu Decorates New Service Chiefs With Higher Ranks At Presidential Villa

President Bola Ahmed Tinubu has performed the official decoration of the newly appointed Service Chiefs.

This pivotal event formally marks the beginning of their tenure as the nation’s topmost defence officers.

The ceremony which held inside the Council Chambers of the Presidential Villa, was witnessed by the vice president, Senator Kassim shetimma, top government officials and family members of the officers.

The Service Chiefs, whose appointments were initially declared on the 19th of June, have undergone comprehensive screening by the National Assembly.

Having successfully completed this legislative scrutiny, they now take up their roles as the chief architects of Nigeria’s defence and security strategies.

President Tinubu, in his capacity as Commander-in-Chief, presented the new Service Chiefs with their higher office insignia, signifying the weight of the responsibilities they now bear.

Each Chief, resplendent in their uniforms adorned with their high office’s symbols, pledged their dedication to ensuring the peace, unity, and security of the Nigerian state.

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