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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RIVERS LG POLLS: APP WINS 22 CHAIRMANSHIP SEATS. (PHOTO).

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 Rivers LG polls: APP wins 22 chairmanship seats


The Action Peoples Party, APP, secured 22 out of 23 chairmanship positions in the recently concluded local government elections in Rivers State.


According to Channels Television, retired Justice Adolphus Enebeli, Chief Election Officer of the Rivers State Independent Electoral Commission, RSIEC, announced the results on Saturday in Port Harcourt.


Enebeli noted that the announcement for Etche Local Government Area has been delayed as the collation of results is still ongoing.


He added that the results for Etche LGA, along with the 319 councillorship seats, will be declared at a later time.

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