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. UBA SANI ORDERS KADUNA STATE UNIVERSITY TO ALLOW STUDENTS SIT EXAMS DESPITE UNPAID FEES. (PHOTO).

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 Gov Uba Sani Orders Kaduna State University To Allow Students Sit Exams Despite Unpaid Fees


The Kaduna State University has announced that students facing financial difficulties will be allowed to sit exams despite outstanding school fees for the 2023/2024 academic session.


The university’s management, in a statement on Thursday, said the development was under the directive of Governor Uba Sani, to lessen the impact of current economic challenges on its student body.


The statement partly read, “The management wishes to notify both new and returning students for the 2023/2024 academic session that they can now write the forthcoming examinations irrespective of whether or not they have paid their school fees.


“This is in line with the visionary policy of the Executive Governor of Kaduna State, Senator Uba Sani, geared towards mitigating the current economic challenges faced by students.”


The statement added that the university Bursar’s office is open for further information and inquiries regarding the temporary clearance policy.


“However, for those students wishing to pay their school fees, the payment channels remain unchanged,” it added.


PUNCH reported in 2023 how the Kaduna State governor announced the downward review of fees payable in state-owned tertiary institutions.


Sani noted that the downward review was in tandem with the general rise in the cost of living, following the subsidy removal by President Bola Tinubu on May 29, 2023.

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