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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TOPE ALABI STIRS CONTROVERSY OVER 'IYALAYA ' COMMENT.(PHOTO).

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Tope Alabi stirs controversy over ‘iyalaya’ comment

Popular Nigerian gospel singer, Tope Alabi has come under serious fire and scrutiny after a certain video of her ministration went viral.

In the video, Tope Alabi could be seen using a certain word ‘iyalaya’ in what seemed she was simply giving honour to veteran Gospel singer Bola Are, stating that Mama is an elder to her as she also an elder to some people in the industry.

The award-winning singer continue using the word ‘iyalaya’ which is a popular phrase associated with touts.

She called on her listeners to give respect to Are prowess and creativity noting that the ace gospel singer has done a lot to merit the honour.

 

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