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

GOV UBA SANI MOVES TO REINSTATE PIRIGA MONARCH DETHRONED BY EL-RUFAI. (PHOTO).


 Gov Uba Sani Moves To Reinstate Piriga Monarch Dethroned By El-rufai

Kaduna State Governor, Uba Sani, has said that his administration is committed to upholding the rule of law by reinstating Chief Jonathan Zamuna as the Chief of Piriga in Lere Local Government Area of the state.


Sani made this known during a meeting with the Kaduna State Council of Chiefs.


He stressed that the traditional rulers were the backbone of any government due to their closeness to the people.


“Traditional institutions remain a stabilizing force in our communities and our state as a whole,” Sani stated.


According to the governor, the pillar of any government is nurturing citizens’ engagement and involving them in decision-making, which must be accorded all the respect.


He highlighted the critical role of the traditional institutions as stakeholders deserving of their position.


Sani underscored his administration’s respect for the law, saying that he would abide by the court’s judgment on June 10, 2024, which ordered the reinstatement of the traditional ruler.


He said that his administration holds traditional institutions in high esteem and would continue to engage them in essential decision-making processes in the state.


Sani also assured continuous commitment to addressing insecurity in the state by creating military formations across the border areas within.


“We will continue to partner with all the security agencies in the state to address security challenges,” he said.


Sani pledged that the government’s doors were always open to discuss related issues for the state’s progress.

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