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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OSIMHEN REJECTS N50BN AL-HILAL DEAL.(PHOTO).

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Osimhen rejects N50bn Al-Hilal deal


Super Eagles striker Victor Osimhen has rejected the €60m (N50 billion) per season salary offer from Saudi club Al-Hilal.


According to reports in France and England, Napoli rejected an offer worth €140m from Al-Hilal for Osimhen while the player snubbed the weekly pay package of €1m.


L’Equipe and Sky Sports UK both claim that the extraordinary proposal was put forward by the club in Saudi Arabia on Monday.


While others have already gone to the Saudi Pro League at the peak of their careers, including Karim Benzema, Sergej Milinkovic-Savic and Marcelo Brozovic, Osimhen has no intention of making that move yet.


It doesn’t hurt that Napoli are discussing a new contract extension for the Nigerian striker, but also worth noting that €140m would’ve been rejected regardless, even if it had come in from a top European side.


Napoli President Aurelio De Laurentiis has set the price tag at over €150m.


He is discussing a deal that would be worth €7m per season plus bonuses at the Stadio Diego Armando Maradona and the Partenopei hope Osimhen will extend his contract after scoring 26 goals in Serie A last season.


Manchester United and Chelsea have also been linked with Osimhen throughout the summer but he has proved too expensive for both teams.


Ligue 1 champions PSG retain an interest but it is unlikely they will be able to match the offer on the table from Al Hilal.


 

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