INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).
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
Today monday morning,the Chief Matron of the Lagos state House of Assembly,Mrs Caroline Oriola,was found dead in her office at the Assembly premises.Mrs Caroline had gone to the office on saturday but did not return home.Her dead body was discovered today monday morning by a cleaner,who had gone to clean the clinic before the resumption of work.It was learnt from some staff that she had gone to her office on that saturday to pick some drugs.The late matron drove her car to the Assembly complex,parked at the lawmakers car park,before proceeding to her office.She was also said to have put on the air conditioner in her office and backed the door.Her colleagues and other staff of the Assembly have expressed shock at the incident with many describing her as a very good woman who never took the health of others lightly.Other sources said they were told that she was in the clinic to pick up some drugs only for her dead body to be found on the floor by a cleaner.Her husband who waited endlessly for her to return home,had gone to check for her at the Assembly.However,her husband was said to have returned when she could not find her car at the general car park as she was supposed to have done.The late Matrons body has been conveyed to the morgue using the Assembly ambulance.
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