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

WHY I REINSTATED LAMIDO SANUSI AS KANO EMIR- GOVERNOR. (PHOTO).



 Why I reinstated Lamido Sanusi as Kano Emir – Governor


The Governor of Kano State, Abba Yusuf, stated that his decision to reinstate the deposed Emir of Kano, Lamido Sanusi, was driven by a commitment fulfilled to the people of the state.


He added that it was also part of his campaign commitment to residents of the state.


On Thursday, Mr Yusuf signed a bill repealing the State Emirate Council Law 2019, which had established five emirate councils.


This move effectively dissolved the four additional emirates created by the previous administration of former Governor Abdullahi Ganduje, along with the removal of all five emirs.


The bill was swiftly passed by the state House of Assembly on the same day it was signed by the governor.


Speaking at the Government House during the signing, Governor Yusuf emphasized that the new law mandated the reinstatement of Mr Lamido as Emir of Kano, aligning with his campaign pledge to the state’s residents.


“The law provided an opportunity for reinstatement of the 14th Emir of Kano Muhammad Sanusi II and removal of 15th Emir of Kano Aminu Ado Bayero, the Emir of Bichi Nasir Ado Bayero, Emir of Rano Kabiru Muhammad Inuwa, Emir of Karaye Ibrahim Abubakar II and Emir of Gaya Aliyu Ibrahim Abdulkadir.


“Governor Yusuf further articulated that the return of Muhammad Sanusi II back on throne will propel peace and prosperity, adding that the repeal of the council law was in realisation of his campaign commitments to restore the lost glory of the state and its rich cultural heritage.


“Governor Yusuf also issued 48 hours to Aminu Ado Bayero and four other former first class chiefs to vacate their palaces and hand over all emirates property to the office of the deputy governor.


“The governor expressed satisfaction that the new law will bring unity of the people of Kano and foster sustainable socio-economic development.


“He emphasised that the signing of the bill symbolizes the restoration of the revered legacy of the Kano emirate, which has withstood the test of time of over a thousand years.


“Furthermore, the governor urged the populace in the state to continue supporting his administration in delivering a multitude of infrastructural advancements that will propel Kano to greater heights.


“Everyone should go about his or her normal activities in the state, we have done what we believe is in the best interest of the state and its people”


“I want to inform the good people of Kano that today, we reappointed Sanusi Lamido Aminu Sanusi popularly known as Muhammadu Sanusi the II as the 16th Emir of Kano while the five former emirs are expected to vacate the palaces within 48 hours.


“The former emirs are to handover all properties in thier possession to the Commissioner for Local Government who doubles as the state Deputy Governor.


“Under the new Kano Emirate Repeal law 2024, Kano state is now under one emirate,” the statement said.

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