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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GOV. OBASEKI SWORE IN CHAIRPERSONS FOR 18 LOCAL COUNCILS TODAY.(PHOTOS).

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 "The local government is the foundation upon which our democracy rests. Therefore, this tier of government must be strengthened. That's why it brings me so much joy to swear in chairpersons for all 18 local councils in the state.


I have no doubt in my mind that our local government executives, both men and women, have the innovative capacity to join us in strengthening our development reforms in the state, especially as we transition Edo into the fourth industrial revolution.- Gov. Obaseki 

More photos below. 






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