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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ARSON ATTACK ON LG SECRETARIAT: WE WON'T BE DISTRACTED- KANO GOVT.(PHOTO).

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Arson attack on LG secretariat: We won’t be distracted – Kano Govt
 
Kano State Government says it will not be distracted by the arson attack on Gwale Local Government Area Secretariat, which was razed by hoodlums.

Speaking while inspecting the council secretariat on Saturday, Deputy Governor, Aminu Gwarzo, also warned that legal action will be taken against those found to be behind the incident.

Gwarzo alleged that some unnamed persons wanted to set the state ablaze.

He said, “We are aware of those persons who are hell-bent on creating chaos, hiding behind the Supreme Court upcoming judgement.

“But they will certainly fail because the government of NNPP under Alhaji Abba Kabir Yusuf is that regime that must ensure peace in Kano.

“They want to show our government in bad light but that would not happen.

“We cannot be distracted by miscreants to abandon our mandate because that is the ultimate goal of those who are creating chaos in Kano. Governor Abba is focused and determined to have his victory no matter what.”

 

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