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
Yesterday thursday,the Nigerian Safety and Security Magazine held their 4th {2017) annual Awards themed ''Optimizing the collection and use of Occupational Health & Safety {OSH} data to strengthen the foundations of a preventive culture'' held at the Nigerian Chambers of Commerce Alausa Ikeja Lagos and sponsored by MTN.A Key Note address by Dr Olajide Idris Hon,Commissioner for Health,Lagos State was read by his representatives.Dr Amaechi Chinyere,who is the publisher of the magazine said safety is very important in the work place and I was made to understand that many companies hoard their datas because they believe the government have not really taken interest in that area.Alot of safety Personnel were present to lecture us on safety and also receive their awards or medals.I was present at the event and I really enjoyed myself.More photos below.
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