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

SARAKI CONGRATULATES JAGUNMO ON IEYDA APPOINTMENT. (PHOTO).

 

Saraki congratulates Jagunmo on IEYDA appointment 


The Waziri Ngeri of Ilorin Emirate, Dr Abubakar Bukola Saraki, has extended his warmest congratulations to Alhaji Jagunmo Muhammad Uthman on his emergence as the National President of Ilorin Emirate Youth Development Association (IEYDA). 


Saraki in a statement signed by his Press Officer on Local Matters, Abdulganiyu Abdulqadir, described the appointment as a round peg in a round hole, considering Jagunmo's distinct qualities and passion for youth and community development.


"Your dedication to youth empowerment, community development and unity has been exemplary, and your leadership qualities will undoubtedly steer IEYDA towards greater heights.


"Your ability to foster progress and development in Ilorin Emirate is deeply appreciated, and your commitment to IEYDA's core values is truly inspiring," he said.


In a press statement signed by Abdulganiyu Abdulqadir, Press Officer on Local Matters, 

Abubakar Bukola Saraki Media Office on Monday and made available to Newsmen, the Waziri Ngeri prayed to God to grant Jagunmo a successful tenure, filled with achievements that will uplift the youths and communities in Ilorin Emirate.


"As you assume this enviable role, may Almighty Allah grant you divine guidance, wisdom, and sound health. May your leadership be blessed with wisdom, compassion, and strength.


"Once again, congratulations on this remarkable achievement. May your tenure be characterized by remarkable progress and development for the Ilorin Emirate."

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