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
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PHOTOS FROM GOVERNOR AMBODE'S VISIT TO PRESIDENT BUHARI TODAY,AT THE STATE HOUSE ABUJA.

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                 Lagos State Governor,Mr Akinwunmi Ambode on friday paid a visit to President Muhammadu Buhari at the State House,Abuja,where he lauded the President's recent overseas trips aimed at attracting foreign direct investments into the country.Governor Ambode who spoke to State House Correspondents shortly after the visit expressed high optimism that the President's trips would in no short time begin to yield benefits in the interest of all Nigerians.The Governor specifically commended President Bhari for his purposeful leadership to restore the nation's place in the comity of nations,saying his recent trip to China and the profitable discussions will go a long way move Nigeria forward including Lagos.He said the investment pact signed with the Chinese Government will benifit the people of Lagos,especially with the coming of Lagos-Kano Rail Project and Lagos Metro-rail project expected to cost about $2.5 billion.It would be recalled that President Buhari recently returned from a one week visit to China where Nigeria signed series of investment pact expected to yield about $6 billion investment for Nigeria and expected to have positively huge impact on key sectors of the Nigerian economy including power,solid minerals,agriculture,housing and rail transportation.He said the visit was therefore to thank President Muhammadu Buhari for his laudable plans for Nigeria and especially Lagos State.One more photo below.                                                              

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