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

GOVERNOR AMBODE,APPOINTS PROF. FAGBOHUN AS THE NEW V.C OF LASU,TODAY.

                                                               Today wednesday it was reported that Governor Akinwunmi Ambode approved the appointment of Ptofessor Olanrewaju Adigun Fagbohun as the 8th substative Vice-Chancellor of the Lagos State University {LASU}.The appointment was contained in a statement signed today wednesday by the state's Commissioner for information and strategy,Mr Steve Ayorinde.According to the statement,following the expiration of the tenure of Professor John Oladapo Obafunwa as the 7th substantive Vice-Chancellor of Lagos State University on 31st October,2015,the Deputy Vice-Chancellor {Administration},Professor Fidelis Olisamedua Njokanma assumedthe position of Acting Vice-Chancellor.Professor Olanrewaju Adigun Fagbohun,is a Prosser of Environmental Law,was until his appointment Director of Research at the Nigerian Institute of Advanced Legal Studies.He was born on 19th October,1966 and hails from Akesan in the Alimosho Local Government area of Lagos State.He joined the Faculty of Law of the Lagos State University {LASU} as an Assistant Lecturer in January 1991.He rose through the ranks and by the year 2004,he was appointed Associate Professor.See how time flies,in early 2000's in LASU Laws Professor Fagbohun taught me and now  his the new V.C.I know by now my set of 2001 will be so pleased to hear these news.Congrats to him.One more photo below.                                                                                                                         

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