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

KANO LG POLLS PEACEFUL-KANSIEC CHAIRMAN. (PHOTO).


 Kano LG polls peaceful – KANSIEC chairman


Prof.Lawal Malumfashi, Chairman of the Kano State Independent Electoral Commission (KANSIEC), has expressed satisfaction with the ongoing local government elections in Kano State.


Malumfashi told newsmen at the commission’s  headquarters on Saturday, citing smooth and orderly operations across all the  44 Local Government Areas without any  political violence.


According to Malumfashi, the commission provided all necessary materials needed for a seamless electoral process.


He said he was  thrilled with the orderly conduct of the exercise across all the  polling units.


KANSIEC had  originally scheduled the elections  for Nov. 30, but was  rescheduled for  Oct. 26 following a Supreme Court ruling affirming local government autonomy.


Malumfashi said that  peaceful election was a welcome development, especially given the importance of local government autonomy.


The chairman said that all efforts put in by the commission  to ensure a smooth election had  paid off, especially  without any major incident across the state.

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