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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KANO: WOMAN AMONG 44 ELECTED LG CHAIRMAN AS COMMISSION ISSUES CERTIFICATES. (PHOTO).

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 Kano: Woman among 44 elected LG chairmen as Commission issues certificates


The Kano State Independent Electoral Commission, KANSIEC, has presented Certificates of Return to winners of Saturday’s local government elections.

KANSIEC chairman Professor Sani Malumfashi presented the certificates to the 44 elected council chairmen.

Among those elected as council chairmen is a young woman, Sa’adatu Yushau Tudunwada. She was elected as the Chairperson of Tudunwada LGA.

“The issuance of today’s Certificates of Return marked the concluding end of our mandate which we have carried out diligently and in accordance with the Constitution and the laws of the land,” the KANSIEC chairman said.

Speaking to newsmen, Tudunwada promised to ensure equity for the people of her local government area, regardless of their party affiliation.

The newly elected Chairman of Fagge LGA, Salisu Masu, expressed concern that the council is experiencing revenue shortages due to leakages.

He said, “I will do all I could to block leakages and improve revenue generation because right now, from the information I’m receiving, our Federal Government subvention is not even enough to pay salaries until the state government augments US?”

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