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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NNPP SUSPENDS KANO STATE GOVERNOR, ABBA YUSUF. (PHOTO).

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 NNPP Suspends Kano State Governor, Abba Yusuf



The Board of Trustees of the New Nigeria People's Party,NNPP, has suspended the Governor of Kano state, Abba Yusuf for six months over alleged involvement in anti party activities.


National Secretary of the party, Comrade Oginni Olaposi Sunday disclosed this on Tuesday at the party’s headquarters in Abuja.


He said the suspension of the governor was a culmination of a recent invitation extended to him to appear before a disciplinary committee to explain infractions on the party constitution which he refused to appear.


Oginni also disclosed that Gov Yusuf was expected to appear before the committee to explain why he participated in an illegal/factional national convention organised by the Kwankwasiya group at Class Event Center in Wuse, Abuja on April 6, 2024.


He further explained that, in accordance with Article 39.0, 39(1-4) on disciplinary procedures of the party, His Excellency Abba Yusuf was availed with an unfettered opportunity to explore all openings to resolve the issues being investigated as stipulated therein in relation to allegations of gross misconduct brought against him, but  he failed to take advantage of the opportunity by not appearing.

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