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

NASARAWA ASSEMBLY SETS AD-HOC COMMITTEE TO PROBE SALES OF GOVT PROPERTIES IN LAGOS, OTHER STATES.(PHOTO).


Nasarawa Assembly Sets Ad-hoc Committee To Probe Sales Of Government Properties In Lagos, other States.

Nasarawa State House of Assembly, has set up nine man Ad-hoc committee to investigate alleged sales of state government properties in Lagos and other states by the then Administration of Umaru Tanko Al-Makura.

 Speaker of the House, Ibrahim Balarabe Abdullahi, announced the House resolution under the matter of Public interest during the House proceedings in Lafia. 

The Speaker has urged the committee to immediately proceed to Lagos to begin its investigation on the alleged sales of Nasarawa State Liason office in Lagos State, to unravel the alleged sales of government properties by the immediate past administration.

Alhaji Ibrahim Balarabe Abdullahi urged the committee to ensure that the right things are done in the interest of development.

He maitained that all those involved must be invited for clarification such as the office of the SSG , Accountant General and Board of Internal Revenue Service.

According to the Speaker, the committee will extend its investigation to status of government properties across the country and among individuals. 

The Speaker named Hon Larry Ven Bawa as Chairman of the committee.

Other members are Iliya Luka Zhekaba, Musa Ibrahim, Mohammed Omadefu, Suleiman Azara, Danladi Jatau, Saidu Gude, Mohammed Isimbabi, Mohammed Oyanki and Mr Ibrahim Musa, the Deputy Clerk is the Secretary of the committee.

He urged the committee to carry out its investigation without fear or favour.

Earlier, the Majority Leader of the House, Mohammed Adamu Omadefu, while raising the issue said that the protest in Lagos by indigenes of the state has tarnished their image.

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