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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NYSC CAUTIONS CORPS MEMBERS AGAINST NIGHT JOURNEY. (PHOTO).

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NYSC Cautions Corps Members Against Night Journey

As Preparations for the Passing-Out of the 2022 Batch ‘C’ Stream One Corps Members draw nearer, Corps Members have been warned not to embark on night journey as they go back to meet their families.

A statement by the Director, Press and Public Relations, Eddy Megwa, quoted the Director General of National Youth Service Corps, Brigadier General Yausa Ahmed saying the Scheme had mapped-out a week-long activities for the out-going Corps Members which include job creation and employment opportunities after service, which would be handled by experienced officers from NYSC and National Directorate of Employment (NDE).

He explained that the distribution of Certificates of National Service would be done at the Local Government basis on Thursday 12th October, 2023.

The DG commended their invaluable contributions to national development especially their performances during the 2023 general elections, likewise their interventions in the health, education, rural development and other sectors of the economy.

General Ahmed also advised the Corps Members to uphold the ideals of patriotism, diligence, loyalty, self-empowerment they learnt during service.

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