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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FG REPATRIATES 190 NIGERIANS FROM UAE DAY AFTER ANNOUNCING VISA BSN LIFT. (PHOTO).

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 FG Repatriates 190 Nigerians From UAE Day After Announcing Visa Ban Lift


The Federal Government has repatriated 190 Nigerians from the United Arab Emirates.


In a statement signed by Zonal Director of National Emergency Management Agency (NEMA) North Central, Bashir Idris Garga,the returnees were received at the Nnamdi Azikiwe International Airport, Abuja on Tuesday morning by a combined team of government officials led by NEMA.


He said the returnees were profiled and documented by the relevant agencies and sensitized to behave with decorum and responsibility on their return to Nigeria.


This is coming barely 24 hours after the federal government said it had reached an agreement with the UAE on the issue of the visa ban imposed on Nigeria two years ago.


The Minister of Information and National Orientation, Mohammed Idris, on Monday announced the agreement while addressing State House reporters at the Presidential Villa, Abuja


“You are aware that Nigeria has been discussing with the United Arab Emirates the issue of visas for Nigerian passport holders going to the United Arab Emirates.


“Today, an agreement has been reached on that, and effective today, July 15th, Nigerian passport holders are able to obtain visas to go to the United Arab Emirates.“Details of that will be provided to you later today when we put out a statement. But I can tell you that the agreement has been reached and effective from today, Nigerian passport holders intending to travel to the UAE are able to do so,” he had said.


However, there has not been any official communication yet from the UAE authorities on the agreement.

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