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

TRIBUNAL UPHOLDS GOV. ODODO'S VICTORY. (PHOTO).


 Tribunal upholds Gov Ododo’s victory


The Kogi State Governorship Election Petition Tribunal, in its ruling on Monday, affirmed Usman Ododo as the duly elected Governor of Kogi State, dismissing the petition filed by Muritala Ajaka of the Social Democratic Party (SDP).


Led by Justice Ado Birnin-Kudu, the three-member tribunal upheld the election of the All Progressives Congress (APC) candidate, stating that the SDP and its governorship candidate failed to substantiate their allegations against the respondents.


Birnin-Kudu emphasized that the election was conducted in substantial compliance with the Electoral Act, reinforcing the legitimacy of Governor Ododo’s victory.


Usman Ododo, representing the APC, emerged victorious in the Kogi governorship election held on November 11, 2023, according to the Independent National Electoral Commission (INEC).


He secured 446,237 votes, surpassing Muritala Ajaka of the SDP, who garnered 259,052 votes, and Dino Melaye of the Peoples Democratic Party (PDP), with 46,362 votes.

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