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

KEBBI TEACHERS TO RETIRE AT 65.(PHOTO).


Kebbi Teachers To Retire At 65 

Governor Nasir Idris of Kebbi State has approved the domestication of the law upgrading the retirement age for teachers from Sixty to Sixty-Five years of age

The Commissioner for Basic Education, Hajiya Halima Mohammed Bande, disclosed this at a news briefing shortly after the Weekly State Executive Council Meeting in Birnin Kebbi. 

Hajiya Halima mentioned that, as a result, teachers with a thirty-five-year career in the education field now have the chance to extend their service to forty years before retiring.

According to her, necessary paper work will be presented to the Ministry of Justice to prepare a Bill for onward submission to the State House of Assembly to enact a law. 

The Commissioner also stated that when the bill becomes a law, the Governor would certainly approve it to enhance the spirits of teachers throughout the State.

The Commissioner added that once the bill become a law the Governor would definitely assent to it in order to boost the morale of teachers across the State.



 

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