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

LEGENDARY NIGERIAN ACTOR JIMI SOLANKE DIES AT 81.(PHOTO).


 Legendary Nigerian actor Jimi Solanke dies at 81


The veteran actor, and folk singer, died on Monday, February 5.


He was 81.


The Nation learnt that Chief Solanke died while being rushed to Babcock University Teaching Hospital.


He was said to have been in and out of hospital from December until he died on Monday morning.


Hon Dickson Awolaja representing Remo North State Constituency at the state Assembly confirmed his death on Monday afternoon.


Hon Awolaja said: “I got wind of the demise of Pa Jimi Solanke not long ago.


“His death is no doubt another big loss to us in Remo North and Ogun State as a whole given his worthy contributions to the development of our dear nation.


“May his soul rest in peace.”

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