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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ASUU, FG MEETING POSTPONED TILL AUGUST 28.(PHOTO).

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 ASUU, FG meeting postponed till August 28


The proposed meeting between the Federal Government and the Academic Staff Union of Universities initially scheduled for Monday (today), has been postponed.


ASUU President, Emmanuel Osodeke, confirmed that the meeting which was previously announced by the Minister of Education on Friday will no longer hold.


Although no reason was given for the postponement, the meeting is now expected to take place on Wednesday, August 28.


Public university lecturers, following resolutions reached at the union’s national executive council meeting held at the University of Ibadan on August 19, 2024, threatened to go on a nationwide strike over the Federal Government’s failure to honour the 2009 renegotiated agreement.


ASUU’s demands include improvements in welfare, university funding, and halting the proliferation of universities across the country.

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