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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RESIDENT DOCTORS SUSPEND NATIONWIDE STRIKE.(PHOTO).

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Resident Doctors Suspend Nationwide Strike


The Nigerian Association of Resident Doctors (NARD) has suspended its nationwide strike and will resume work on Saturday.


The association’s national president Innocent Orji confirmed the development on Friday evening.


“Good evening. We just suspended the strike. Work to resume 8 am tomorrow,” he said in a terse message to Journalists. “We will review the progress made in two weeks.”


The move is coming days after the doctors suspended their planned nationwide protest to press home their demands.


According to the NARD chief, the doctors are pushing for eight things including the recruitment of more persons to replace doctors who have migrated or those who passed on.


“Our members are suffering. Nigerians are suffering too. When you don’t have the right number of doctors in the hospital, there is no way it is not going to affect the healthcare service delivery system. And nobody has come out to tell us that what we are saying is not true,” he maintained.


“The government on its own set up a ministerial committee that came up with a guideline since February this year, why hasn’t that guideline been circularised?” he asked.


He accused the government of failing to meet the doctors’ demands.

 

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