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

LAGOS STATE GOVT,ASSURES FARMERS TODAY OF ADEQUATE SECURITY.{READ}.

No automatic alt text available.                The Lagos State Government has assured farmers in the State of government's readiness to tackle the scourge of kidnapping by providing adequate security to ensure safety of lives and property.
This assurance was given today by the State Deputy Governor,Dr Idiat Adebule,who represented the Governor during a meeting with representatives of farmers and community leaders of Igbodu/Isiwo axis of Epe area of Lagos who had staged a peaceful protest to the Governor's Office to demand government's intervention in the area.
Adebule expressed her displeasure with the development,stating that in spite of government's effort to make the State safe and livable for residents and investors,some unscrupulous persons still engage in criminal activities in order to make life difficult for their fellow human beings.''Let me assure you that the State Government is not resting on its oars.We are doing all we can to guarantee the safety of lives and restore peace in the area.Currently,the State government is speaking with the Federal Government to see how they can work with us to combat the problems of insecurity because we cannot do it alone.We sympathise with you and we beg for your understanding.I will relay your complaints to Governor Ambode for further and appropriate action on the matter,'' Adebule said.
Mr Ayokunle Ore,a spokesperson for the group said that their farms had been under sustained attacks by kidnappers since September 2016 and urged the State Government to seek the support of the Federal Government to extend the mandate of the Joint Taskforce {JTF} to Igbodu/Isiwo axis of Epe to curtail the high rate of kidnapping in the area.While thanking the State Government for finding time to meet with them,he pleaded that the issue of kidnapping in the area needs to be handled as a matter of urgency as their investments have been going down the drain and their lives at risk.
In his words: ''With the desire to contribute our quota to national food security and sufficiency,we have invested our lifetime savings and borrowings from banks to establish farms in the agricultural belt.
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