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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GOVERNOR AMBODE,APPOINTS 5 NEW PERMANENT SECRETARIES TODAY.

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                 The Lagos State Governor,Mr Akinwun,i Ambode has approved the appointment of five new Permanent Secretaries and Tutor General in the State Public Service in furtherance of his administration's commitment towards strengthening the State Public Service for improvements in public service delivery.A statement issued on Monday by the Office of the State Head of Service,Mrs Olabowale Ademola listed the new Permanent Secretaries as Mrs Florence Ebunoluwa Oluwasuji who is now the Permanent Secretary/Tutor General,Education District V; Dr. Shamsideen Olalekan Allison,Permanent Secretary,Lagos State Primary Health Care Board {PHCB}; Engr Saliu Abidemi Adeyemi who takes over as the Permanent Secretary,Ministry of the Environment; Mr Senayon Adeola Hundeyin,Permanent Secretary,Ministry of Home Affairs and Mrs Yetunde Adefolahan Odejayi,Permanent Secretary,Deputy Governor's Office.Ademola wished the new Permanent Secretaries a rewarding and impactful tenure and also enjoined all Public Servants to accord them the deserved recognition and support required in their new responsibilities.The statement noted further that the appointments are with immediate effect.

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