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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LAGOS STATE IS SET TO TRAIN 500 FINAL YEAR STUDENTS,FOR 13 WEEKS.

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                        The Lagos State Government,in collaboration with top private organisations,is set to train no fewer than 500 Final Year students of Lagos Tertiary Institutions for 13 weeks under the present administration's Ready-Set-Work initiative.The Special Adviser to the Governor on Education,Hon. Obafela Bank-Olemoh,who disclosed this yesterday tuesday at Land Mark Centre,Victorial Island,Lagos during a Press Conference and Launch of the programme,said the capacity building programme is designed for 500 best graduating students from state institutions to get internship placement in high ranking corporate organizations.He emphasised that at the end of the internship,those with best business ideas will get linked to major investors and the Lagos State Employment Trust Fund for necessary assistance.According to him ''Looking at the current unemployment statistics,it is clear that an intervention is required to ensure our students are positioned to succeed in the competitive global labour market.In line with the objective of the Lagos State Government,the Ready,Set,Work Programme will equip students in our tertiary institutions with the needed skills to contribute to the economic development of the state as job creators''.                                                    

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