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
The Special Adviser to the Lagos State Government on Environment,Hon. Babatunde Hunpe,has condemned the recent attack on the KAI Brigade Headquarters in Alausa,Ikeja,by some students of the Lagos State College of Health Technology,Yaba under the guise of Protest.The Special Adviser said the unruly students claimed to have attacked the Headquarters based on the continued detention of some of their colleagues earlier arrested for obstructing KAI operations in Yaba,adding that such distasteful and unfortunate behaviour is an affront on constituted authority.Speaking in the same vein,the KAI Marshal General {KMG},Mr Jimoh Amuzat CSP {Rtd},denounced the attack by the students on a government property,saying that the ugly episode depicts the level of moral decadence that pervades our educational institutions.While emphasizing that there is need for moral and ethical rebirth among our youths,Amuzat said some of the students arrested were later released but those that spearheaded the violence have been charged to court based on their level of culpability in the incident.One more photo below. 
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