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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200,000 PDP MEMBERS DEFECT TO APC AHEAD OF KADUNA LG POLLS, SAYS GOV UBA SANI. (PHOTO).

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 200,000 PDP Members Defect To APC Ahead Of Kaduna LG Polls, Says Gov Uba Sani


Kaduna State governor, Uba Sani, has claimed that over 200,000 members of the opposition People’s Democratic Party (PDP) have defected to the All Progressives Congress (APC), particularly in Southern Kaduna.


Governor Sani said the defection was a testament to his administration’s progress in promoting justice, equality, and transparency.


During the flag-off of the APC campaign rally for the October local government election, held in Kaduna on Monday evening, Governor Sani expressed confidence in the APC candidates, assuring them of his full support in advancing rural revitalization and ensuring economic stability across the state.


The governor commended the All Progressives Congress (APC) candidates for their commitment and the unprecedented support they have garnered ahead of the local government elections.


Sani further highlighted the significant strides his administration has made in key sectors across the state, particularly in rural revitalisation and infrastructure development.


Governor Sani noted that since assuming office, his government has prioritised rural development, with projects including the construction of 62 roads across 23 local government areas. He added that 60 secondary schools have been built, and over 200 Local Education Authority (LEA) primary and secondary schools have been equipped within the 255 wards of the state.

More photos below.





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