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
Lagos State Governor,Mr Akinwunmi Ambode yesterday wednesday,expressed optimism that the activities lined up for the forthcoming Lagos International Jazz Day will go a long way to showcase the tourism potentials of the State to the World.Governor Ambode who spoke at the Lagos House,Ikeja when he played host to some off the groups collaborating with the State Government on the forthcoming star-studded concert to commemorate the 2016 International Jazz Day,said apart from being the financial and commercial hub of Nigeria,his adminstration will work hard to equally transform Lagos to the tourism hub of Africa.Similarly,the State's Commissioner for Information and Strategy,Mr Steve Ayorinde has declared readiness of the State Government to successfully organize the concert.The Commissioner said ''On saturday April 30,the Governor is hosting An Evening of Jazz at the State House in Ikeja.It will be an exclusive but colourful evening to identify with UNESCO initiative,welcome an array of Nigerian Jazz musicians to perform at the State House and to share the warm hospitality of Lagos State with the Jazz community''.He said the concert being put together by the State Government was in sync with a similar concert being put together by the United States President,Barrack Obama at the White House on April 29,adding that the hash tag of the day would be #LagosAmboJazz.Some of the artistes billed to perform at the concert,according to Ayorinde,are Dare Art-Alade,Yinka Davies,Lekan Babalola {two-time co-Grammy winner} with the Eko Brass Band,Herbert Kunle Ajayi,Bright Gain,Adeh and the Spectacle Band-Afrojazz guitar Supremo,Ubong Ntia,Sam and the Jazz Apostles,featuring Dera,Dotu Bankole Band,Victor Ademofe Band,Omolara,Dapo Fasuyi,and Organic Jazz.One more photo below. 
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