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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SULTAN DIRECTS MUSLIMS TO LOOK OUT FOR NEW MOON OF JUMADA ULA. (PHOTO).

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Sultan Directs Muslims To Look Out For New Moon Of Jumada Ula

The Sultan of Sokoto, Muhammad Saad Abubakar has directed the Muslims in the country to start looking for the new crescent of Jumada Ula 1445 AH, today the 13 of November 2023, equivalent to Islamic Calendar 29th of Rabi'ul Assani 1445 AH.

This was made known in a statement signed by the chairman advisory Committee on Religious Affairs Sultanate Council Sokoto, Prof. Sambo Wali Junaidu.

He said if sighted, the information should be reported to the nearest district or village head for onward communication to the Sultan 

 

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