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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SOUN VISITS OLUBADAN, SAYS IBADAN VERY STRATEGIC IN YORUBALAND. (PHOTO).

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Soun visits Olubadan, says Ibadan very strategic in Yorubaland

Soun of Ogbomosoland, Oba Afolabi Ghandi Olaoye on Friday, December 22, described Ibadan as very strategic in the affairs of Yorubaland and Nigeria in general, saying the ancient city cannot be ignored for any reason. 
Oba Ghandi, who was on Tuesday, December 18, installed as the 21st Soun of Ogbomoso, made the remark during his visit to the Olubadan of Ibadanland, Oba Lekan Balogun, at his Alarere, Ibadan residence.
Accompanied by some of the principal Chieftaincy title holders of the ancient town, including: Are Ago, Iyalode and Abese, the new Soun, who described Ibadan as a home to him, noting that he was born in Catholic Hospital, Oluyoro, Oke-Ofa in the ancient metropolis and lived in Ibadan for 27 years. 
He noted that the important and strategic position Ibadan occupies in the affairs of Yorubaland made it compelling for him to visit his brother Oba, the Olubadan of Ibadanland. 
The visit which coincided with the visit by the members of the Karim Adeyemi Foundation to the palace, afforded Oba Ghandi to recall his relationship with the Republic of Germany where the young Karim Adeyemi plays professional soccer with Borusa Dortmund Club and how he had facilitated more than 20 young Nigerians through an MTN programme to play soccer in the country. 
Soun commended Oba Balogun for the peace being enjoyed in Ibadan under his reign, promising to collaborate with him and other brother Obas in the state, especially the three Imperial Majesties, Olubadan, himself and the Alaafin of Oyo to advance the cause of the state in all ramifications. 
Speaking, Oba Balogun, who expressed delight at the visit said Ibadan belongs to all as recalled by Oba Ghandi and assured him of his readiness to work together with him and their colleagues in the state, stressing that the relationship between Ogbomoso and Ibadan has been for agelong and can only continue to wax stronger. 
The visit by the Karim Adeyemi Foundation which comprised the young player, Karim, his parents, family members and some of his friends in his football team in Germany, according to Mr. Adeyemi was to ensure that the young Nigerian relates with his roots. 
He disclosed that the Foundation was set up as a means of the player giving back to the society, Nigeria in particular, noting that the current visit was marked with a football match at the Olubadan Stadium, the previous day where some young Nigerians were empowered. 
It was also disclosed that through the instrumentality of the Foundation, some Nigerians had been facilitated to soccer playing in Germany just as there was a promise to do more in the years ahead.

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