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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MINISTER OF AVIATION TAKES KEY DECISIONS DURING HIS TOUR OF THE MURTALA MUHAMMED INTERNATIONAL AIRPORT IN LAGOS STATE. (PHOTO).#READ

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  Minister of Aviation, Festus Keyamo, takes key decisions during his tour of the Murtala Muhammed International Airport (MMIA) in Lagos State 👇


- Nigeria Air project to be immediately put on hold.


- Concession of Murtala Muhammad International Airport (MMIA), Lagos and Nnamdi Azikiwe International Airport, Abuja to Corporacion American Airport Consortium would be on hold until further notice.


- Closure of the old terminal of the airport on October 1st for total repair.


- Directs foreign airlines to relocate to the new terminal latest by October 1 when the old terminal would be shut down for total rehabilitation.

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