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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MOHBAD’S FATHER SPEAKS ON CONDUCTING DNA TEST ON GRANDSON.(PHOTO).

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Mohbad’s father speaks on conducting DNA test on grandson

Mr. Joseph Aloba, father of late Nigerian singer, Mohbad has shared his opinion on conducting a DNA test on his grandson.

This is coming amid the paternity of Mohbad’s son sparking a debate on social media.

During an interview with BBC Pidgin, Mohbad’s dad said he regarded his son as a buddy and that the two of them interacted like brothers.

He claimed that the controversy surrounding a DNA test on Mohbad's son has spread throughout Nigeria and is now a national issue.

Aloba stated that the right thing should be done at the right time concerning the DNA.

In his words: “This thing has become a majority thing, not only Nigeria. So they should do the proper thing at the proper time.

 

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