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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SULTAN IS AN INSTITUTION,GUARD HIM JEALOUSLY, SHETTIMA TELLS SOKOTO GOVT.(PHOTO).

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 Sultan Is An Institution, Guard Him Jealously, Shettima Tells Sokoto Govt


Vice President Kashim Shettima says the throne of the Sultan of Sokoto, Muhammad Sa’ad Abubakar III is an institution that must be jealously guarded and protected.


The Vice President stated this at the North-West Peace and Security Summit in Katsina State on Monday.


There have been rumours that the administration of Governor Ahmed Aliyu of Sokoto State allegedly plot to depose the Sultan and some traditional rulers in the state.


But Shettima, who spoke shortly after the Sultan at the Monday event, said the Sultan is not just a monarch in the North-West state but an institution that must be protected.


Specifically addressing the Deputy Governor of Sokoto State, Idris Gobir, who was present at the event, the Vice President said, “In all developmental issues in this country, His Eminence, the Sultan of Sokoto, I want to use him as a point of reference to recognise and appreciate all our royal fathers present here.


“And to the deputy governor of Sokoto, I have a simple message for you. Yes, the Sultan is the Sultan of Sokoto, but he is much more than that; he represents an idea, he is an institution, that all of us in this country need to jealousy guard, protect, promote, preserve and project for the growth of our nation.”

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