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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CONSTITUENCY PROJECTS: SENATORS GET WHAT THEY LOBBY FOR, SAYA SENATOR NWOKO. (PHOTO).

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 Constituency Projects: Senators Get What They Lobby For, Says Senator Nwoko 

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“Senators get what they lobby for, not because they have the right to it. Everybody just goes about doing what they can do for their constituencies and senatorial districts.


“A better approach would have been for senatorial uniformity. So if they say that everyone should get about ₦1 billion, be it. But this way, you rely on your weight and contacts to see what you can get for your people.


“We are not talking about money for the senators. This is for projects within our senatorial districts. If you have road, water, or training programmes, all should aggregate to a particular amount.” -Senator Ned Nwoko, Delta

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