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 thursday,a 91 year old woman identified as Mrs Rosaline Ololo,led a protest to the Lagos State House of Assembly against the taking over of her family's school by the state government.The Metropolitan College and the Isolo Secondary School,which she said was owned by her family,was allegedly taken over by the military government in 1976 leading to her husband's death.She said that when the schools were taken over by the military,she was not compensated.In a letter presented to the Speaker Mudashiru Obasa,the protesters demanded the return of the schools.According her counsel Malcom Omirhobo''We have the instruction of our client to appeal to you to investigate the basis for the refusal,neglect and/or failure of the Lagos State Government to return Metropolitan College and Isolo Secondary schools to their original owner.We have met with the executive and submitted series of letters but nothing has been done.We only need lawmakers to help us''.Mojeed Fatai,the lawmaker representing Ibeju Lekki constituency 1,who represented the Speaker,promised that the House would look into the matter.He said ''We thank you for the peaceful demonstration and if there is need to call you,we will do.I promise to deliver your message to Mr Speaker''.One more photo below. 
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