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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GOV YUSUF VOWS TO PERSONALLY INFORM TINUBU OF ECONOMIC HARDSHIP, HUNGER IN KANO. (PHOTO).

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 Gov Yusuf vows to personally inform Tinubu of economic hardship, hunger in Kano


In response to mounting concerns over economic hardship and hunger in Kano State, Governor Abba Kabir Yusuf declared on Monday that he plans to have a direct conversation with President Bola Ahmed Tinubu.


The Governor made this announcement during a meeting with the business community and stakeholders at the Kano State Government House, emphasizing the urgent need for intervention to alleviate the suffering of the people.


Governor Yusuf acknowledged the nationwide challenges of prevailing hardship and hunger, but highlighted the necessity of presenting the specific case of Kano as his constituency to President Tinubu.


In his words, “I will personally go and ask President Bola Ahmed Tinubu to intervene and check the prevailing hunger situation in Kano State, so as to save our people from starvation.”


Expressing concern over the alarming increase in inflation affecting food items and daily necessities, Governor Yusuf stressed the need for collaborative efforts to find lasting solutions to the menace.


He urged the business community to refrain from hoarding foodstuff and encouraged them to make their goods available to the public, particularly with the approaching Ramadan fasting period.


During the meeting, the governor emphasized that the government would create an enabling environment for the business community and urged reciprocal support through the prompt payment of taxes. He emphasized that such contributions would enable the government to generate revenue needed for optimal performance.


The State Commissioner of Commerce, Alhaji Abbas Sani Abbas, echoed the timeliness of the meeting, emphasizing its goal to provide solutions to the current hardships faced by the people.


The gathering aimed to fine-tune modalities addressing the challenges posed by high inflation, with a plea for collaborative efforts to alleviate the economic burden on the citizens.

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