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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NOTHING WRONG IF FATHER AND SON HAVE ISSUES- FUBARA. (PHOTO).

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Nothing Wrong If Father And Son Have Issues – Fubara

Rivers State Governor, Siminalayi Fubara, on Wednesday, expressed optimism that the political crisis, involving himself and his predecessor, Nyesom Wike, will be resolved. 

He said there is nothing wrong for a father and a son to have problems, stressing that all issues, if any, will be resolved.

The governor spoke when the Chief of Defence Staff, General Christopher Musa, led a military delegation to the Government House in Port Harcourt, the state capital.

Fubara restated President Bola Tinubu’s resolve for peace and security in the country, especially during the off-season elections this month.

The governor said, “For our dear state, I know everybody is wondering what’s going on, what’s not going on. We are okay, there is no problem.

“If we have an internal issue, it will be resolved and everything will go back to normal.

“There is nothing wrong if a father and a son have a problem, if there is any problem, but I don’t think there is anything, whatever it is, we will definitely resolve the issue.”


 

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