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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'IT'S PARIS DISASTER, ' SPORTS MINISTER LAMENTS TEAM NIGERIA'S OLYMPICS PERFORMANCE. (PHOTO).

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 ‘It’s Paris disaster,’ sports minister laments Team Nigeria’s Olympics performance. 


The Minister of Sports Development, Senator John Enoh, has described Team Nigeria’s performance in the ongoing 2024 Olympics in Paris as “disappointing.”


The minister made this known in a statement on X.com on Saturday..


According to Enoh, Team Nigeria’s failure to secure any medal at all “is a product of very many other things that need immediate attention.”


He revealed that not only would he ensure that such does not repeat itself, but that in the forthcoming sports federation elections, he would ensure that the most appropriate candidates are voted in..

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