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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TINUBU APPOINTS BIANCA OJUKWU MINISTER OF STATE FOREIGN AFFAIRS.(PHOTO).

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  Tinubu appoints Bianca Ojukwu Minister of State Foreign Affairs


President Bola Tinubu has appointed Bianca Ojukwu as a minister in his cabinet.


Bianca, widow of late Biafra warlord, Emeka Odumegwu Ojukwu, is among the new ministers appointed by the President.


The appointment was announced on Wednesday in a statement issued by the Presidency after the Federal Executive Council meeting.


Jumoke Oduwole was appointed as the minister of industry, Trade and Investment while Bianca Ojukwu was named the Minister of State, Foreign Affairs.


Five other individuals were also appointed as new ministers.

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