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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WAEC TO TAKE STANCE ON WITHHELD RESULTS.(PHOTO).

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WAEC To Take Stance On Withheld Results

The West African Examinations Council (WAEC) has initiated the 76th meeting of the Nigeria Examinations Committee to deliberate on cases of malpractice and irregularities arising from the conduct of 2023 WASSCE for school candidates.

The body disclosed this via its official X handle.

WAEC, while announcing the results of WASSCE in August 2023, noted that a total of 263,803 results were withheld due to examination malpractice and irregularities.

Out of a total of 1,613,733 candidates that sat for the examination, the results of 262,803 candidates are being withheld thereby necessitating the ongoing deliberations to determine the fate of the students.



 

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