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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KOGI: PDP SUSPENDS DINO MELAYE OVER ANTI-PARTY ACTIVITIES. (PHOTO).

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 Kogi: PDP Suspends Dino Melaye Over Anti-party Activities


The Peoples Democratic Party (PDP) has taken swift action against one of its prominent members, Senator Dino Melaye from Kogi, suspending him over alleged anti-party activities.


This decision, according to a memo sighted by TRIBUNE ONLINE on Friday, was made by the ward party executive committee in Ayetoro/Iluagba Ward 1 after reviewing the report of the disciplinary committee set up to investigate Melaye’s actions.


It appears that Melaye’s recent actions were deemed detrimental to the PDP’s interests and unity, prompting the suspension.

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