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 sunday identified dysfunctional family background as one of the major reasons for rising cases of domestic violence,just as he advocated the need for parents to imbibe in their wards the virtues of honesty,respect,morality,good neighborliness,peace and love.Governor Ambode,who spoke at the Lagos House at the family day celebration hosted by the State Government in commemoration of the International Family Day,also said a lot of acts of terror and violence that have ruptured global peace and security could be traced to the absence of strong family ties,and as such parents must spend time with their children no matter how difficult it may be.The Governor described the family as the smallest but most important unit of the society,saying things can only go right in the country if first addressed in the family.He said ''Most of the recorded incidence of domestic violence are as a result of dysfunctional family backgrounds.Our traditional family cohesion and bond has been weakened due to daily life challenges of trying to make ends meet.We must,as a matter of urgency,in spite of the demanding pace of life pause and find time to reconnect with our families.Our families need us;our children need us.The Family always provides emotional support in times of need.We have family members in need of emotional,physical and moral support.The support and encouragement given to a family member today can prevent a violent act of terror or suicide tomorrow''.More photos below. 
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