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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SINGER KHAID DONATES N2M TO MOHBAD'S WIFE, 100% ROYALTIES FROM TRIBUTE SONG TO SON.(PHOTO).

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Singer Khaid donates N2m to Mohbad’s wife, 100% royalties from tribute song to son

Nigerian singer and rapper, Sulaimon Solomon, professionally known as Khaid, has donated the sum of N2m to support Liam Aloba, son of the late Nigerian singer, Ilerioluwa Aloba, aka Mohbad.

Mohbad, who died at the age of 27 last Tuesday, was earlier signed to Marlian Record belonging to Naira Marley but left the label in February 2022.

Disclosing this via his X handle on Tuesday, Khaid posted, “It’s with great pain that I pen this, the past few days have been a rollercoaster of emotions for each and every one of us. We lost a special talent, a great personality and a friend “Imole”.

“In my own little way, I’ll love to support the family by giving N2 Million to the wife of our late brother and covey 100 royalties of the newly released tribute song “Forever” to Liam Aloba Eyinimofeoluwa. Rest On IMOLE,” he posted.

Earlier, Lagos State Governor, Babajide Sanwo-Olu, invited the Department of Security Services to join the probe of late singer.

This was contained in a statement signed by Lagos state Commissioner for Information and Strategy, Gbenga Omotoso, on Tuesday.



 

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