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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KEBBI STATE GOVERNOR GIFTS EMIRS IN THE STATE NEW SUVs. (PHOTO).

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KEBBI STATE GOVERNOR GIFTS EMIRS IN THE STATE NEW SUVs 


Kebbi state Governor, Nasiru Idris recently presented four new Toyota Land Cruisers to the emirs of Yauri, Argungu, Zuru, and Gwandu in Kebbi State. 


The governor emphasized the necessity of providing these new vehicles, citing the old state of the emirs' previous official vehicles. 


“The government has given new vehicles to members of the House of Assembly, commissioners, security services, and chairmen of boards, departments and agencies for optimal operation.


“Today, we are tackling our royal fathers’ transportation problems, because you have been riding in old vehicles. 


“Morally speaking, as a government, we know what traditional rulers are doing nationwide in contributing to peace and stability among communities.”


He assured that his administration will continue to prioritize the welfare of the emirs as custodians of Islamic culture and tradition.


This donation comes amid a period of economic hardship for citizens following the removal of fuel subsidy. 


Governor Idris previously distributed SUVs to members of the State House of Assembly earlier this year, emphasizing that this gesture symbolizes the administration's commitment to serving the people of Kebbi State diligently.


This action is not unique to Kebbi State, as numerous state and federal governments have allocated public funds for luxury items, drawing criticism from the public. For instance, the Tinubu administration faced backlash for allowing lawmakers to purchase new vehicles while citizens endured economic hardships caused by government policies. 


The administration has also faced criticisms for spending N21 billion on a new residence for the vice president, buying a new presidential jet, and other controversial expenses.

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