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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PALACE RAISES ALARM OVER PLAN TO INSTALL HAUSA TRADITIONAL RULER IN BENIN. (PHOTO).

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 Palace raises alarm over plan to install Hausa traditional ruler in Benin


The Benin Traditional Council (BTC), has warned against a planned installation and turbaning of an Hausa traditional ruler in Benin city.

The BTC in a statement on Thursday by the Iyase (Prime Minister) of Benin Kingdom, Chief Sam Igbe, noted that a certain Alhaji Danjuma Garba Binkola is to be installed as ‘Garkuwan Hausawa Benin’ on Sunday 5 May, 2024.

Igbe who frowned seriously at the planned turbaning ceremony, described it as a violation of Benin Traditional and Customary Law.

The statement while alerting the Edo State Police Command, other security agencies and the general public on the serious implications of the ceremony, urged organisers of the turbaninig ceremony to refrain from violating the sanctity of the Benin Traditional and Customary Law.

“It has come to the notice of the Benin Traditional Council (BTC) that an individual claiming to be known as ‘His Royal Highness Alh. Adamu Isah Adamu’ and who describes himself as ‘Sarkin Hausawa’ plans to perform a Turbaning ceremony in which one “Alh. Danjuma Garba Binkola” will be installed as “Garkuwan Hausawa Benin” on Sunday 5th May, 2024 at No. 7 Butcher Street, Off Mission Road, Benin City.

“The BTC hereby inform the Nigerian Police Force and other security agencies as well as the general public that this planned event is a violation of Benin Traditional and Customary Law applicable to chieftaincy matters and therefore must NOT HOLD under any circumstances.

“For the avoidance of doubt, the BTC wish to emphasize that as the Prescribed Authority on Chieftaincy Matters within the Seven Local Government Areas of Edo South Senatorial District, the Omo N’Oba N’Edo Uku Akpolokpolo, His Royal Majesty Ewuare II, Oba of Benin has not given consent to, or approved the turbaning or conferment of chieftaincy title by whatever name called on any individual by the name “Alh. Danjuma Garba Binkola”; or permitted any person by the name “His Royal Highness Alh. Adamu Isah Adamu” to hold any such ceremony in Benin City or any other part of Edo South Senatorial District, Edo State.

“Consequently, these errant individuals are hereby urged to refrain from violating the sanctity of the Benin Traditional and Customary Law by cancelling the planned ceremony forthwith.”

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