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

KATSINA GRANTS N45,000 SALLAH BONUSES TO EACH CIVIL SERVANT.(PHOTO).


 Katsina grants N45,000 Sallah bonuses to each civil servant

Katsina state government on Sunday, June 9, splashed N45,000 as bonus to the state’s civil servants for the fourth coming Muslim Eid-el-Kabir celebrations next week.

The N45,000 package which was approved by Governor Dikko Umaru Radda for each worker in the state’s civil service,contains N15,000 gift and  N30,000 as soft loan.

The loan is repayable in three monthly instalments

The Commissioner for Information and Culture, Dr. Bala Salisu Zango, in a statement also disclosed that the governor commended the workers’ dedication and commitment, describing the gesture as part of the administration’s commitment to their welfare

The fovernor said further: “The Sallah package is aimed at supporting workers during the festive season and acknowledging their contributions to the state’s development,”

 “This gesture is a token of appreciation for the workers’ dedication and hard work in serving the state.

“As we are about to celebrate the auspicious occasion of Sallah, I am delighted to announce a special gesture of appreciation for our hardworking workers. Your dedication and commitment to our great state have not gone unnoticed.

“I wish to also reaffirm my administration’s commitment to prioritising workers’ welfare and improving their working conditions.

“The Sallah package will be disbursed to all workers in the state and the Local Government Civil Service.

“Out of the N45,000 approved, N15,000 is a free gift to the worker while N30,000 is a soft loan to be repaid in monthly instalments for three months, from July to September this year.

“In addition to this Sallah gift, we are committed to continuously improving your welfare and working conditions. We will continue to prioritise your needs and ensure that you receive the support you deserve.

“May this Sallah celebration bring happiness, peace and prosperity to you and your loved ones,” the statement said.

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