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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MUSTAPHA MUKTAR SARAKI TURBANED AS NEW MAGAJI OF AGORO COMPOUND. (PHOTO).

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 Saraki Turbaned as New Magaji of Agoro Compound


In a dignified ceremony, Alh. Muhammad Mustapha Muktar Saraki Agoro was officially turbaned as the new Magaji of Agoro Compound, Agbaji, Ilorin.


The event, held at Agbaji Mosque, was attended by prominent Islamic scholars, community leaders, and dignitaries.


 Renowned Islamic scholar, Sheikh Alhaji Rareem Baba Lagbaji, in his sermon, emphasized the importance of leadership, humility, and community service.


He urged the new Magaji to lead with integrity, wisdom, and compassion, citing the teachings of the Holy Qur'an and the Prophet Muhammad (peace be upon him).


The newly turbaned Magaji, Alh. Muhammad expressed gratitude to the community and promised to work tirelessly for the development and well-being of Agoro Compound.


He promised to uphold the values of justice, fairness, and unity, ensuring that Agoro Compound remains a symbol of peace and harmony.

Comments

  1. Anonymous20 October 2024 at 02:09

    Is he a sibling to the former senate president? Thanks

    ReplyDelete

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