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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GOV UBA SANI SWEARS IN 23 LG CHAIRMEN, URGES THEM TO DELIVER DIVIDENDS OF DEMOCRACY WITHOUT BIAS. (PHOTOS).

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 Gov Uba Sani Swears In 23 LG Chairmen, Urges Them To Deliver Dividends Of Democracy Without Bias 


Kaduna State Governor Uba Sani yesterday swore in the 23 recently elected local government chairmen. He advised them to distribute the dividends of democracy equitably and without prejudice to political affiliation, gender, religious belief or ethnic background.


The governor who spoke during the ceremony at the Council Chambers of Sir Kashim Ibrahim House, Kaduna, enjoined them to be transparent and accountable in the handling of public finances.


“You are taking charge as captains of local governments when the third tier of government has been granted financial autonomy. Your allocation from the Federation Account will be public knowledge, necessitating transparency and accountability. Be available, accessible, responsive and fair in your dealings,’’ he added.


Sani said local government chairmen are grassroots leaders who are closest to the people, “so they should be the people’s voices, advocates and champions.”


“Listen to their concerns, address their fears, and harness their potential. Empower the people to participate in governance and ensure their voices are heard. In the words of Robert W. Flack: ‘Local government is the foundation of democracy; if it fails, democracy will fail,” he pointed out.


The governor implored the chairmen to provide rural infrastructure, boost agriculture, build and upgrade health centers and primary schools, enhance economic and social services and ensure sustainable natural resource use.


The ceremony was attended by the Speaker House of Representatives, Tajudeen Abbas; minister of environment, Malam Balarabe Abbas and Kaduna State House of Assembly Speaker, Yusuf Liman, among other dignitaries.

More photos below. 









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