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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AFCON QUALIFIERS- CAF HANDS VICTORY TO NIGERIA, FINES LIBYA $50, 000.(PHOTO).

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 AFCON Qualifiers – CAF hands victory to Nigeria, fines Libya $50,000


The Confederation of African Football (CAF) has awarded three points, and three goals to Nigeria for the abandoned game against Libya.


The decision follows an investigation into the botched October 15 Africa Cup of Nations qualifier in Benghazi by the CAF Disciplinary Board.


Nigeria had walked away from the tie following poor treatment by the host country that left Super Eagles players and staff stranded at an abandoned airport for almost a day.


CAF in its ruling said it found the Libya Football Federation to have breached Article 31 of the African Cup of Nations Regulations as well as Articles 82 and 151 of the CAF Disciplinary Code.


The 5-point decision reads:


The Libya Football Federation is found to have breached Article 31 of the African Cup of Nations Regulations as well as Articles 82 and 151 of the CAF Disciplinary Code.

The match No.87 Libya v. Nigeria of the CAF African Cup of Nations Qualifiers 2025 (scheduled to be played on 15 October 2024 in Benghazi) is declared lost by forfeit by Libya (by a score of 3-0).

The Libya Football Federation is ordered to pay a fine of USD 50,000.

The fine is to be paid within 60 days of notification of the present decision.

All other and further motions or prayers for relief are dismissed.

CAF president, Patrice Motsepe had earlier said that the continental body would not tolerate any lack of sportsmanship and unfair treatment in African football.


With the decision, Nigeria now has seven (10) points from four games.

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