INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

Image
  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 SPEAKER & OTHER LAWMAKERS VISITED OLUBADAN YESTERDAY.{PHOTOS}.

Image may contain: 5 people, people standing            Olubadan of Ibadan,His Royal Majesty Saliu Akanmu Adetunji;Speaker,Lagos State House of Assembly,Rt Hon Mudashiru Obasa; his Deputy,Hon. Wasiu Eshinlokun-Sanni; the Assembly Chief Whip,Hon Rotimi Abiru; and members of the House,Princess Adefunmilayo Tejuoso.Speaker,Lagos State House of Assembly,Rt. Hon. Mudashiru Obasa {right}; and the Olubadan of Ibadan,His Imperial Majesty Saliu Akanmu Adetunji Aje Ogunginniso 1 when Obasa and other Lagos Lawmakers visited the Olubadan at his palace on Thursday.The Ekaarun of Olubadan of Ibadan,Chief Amidu Ajibade; the Olubadan of Ibadan,HRM Saliu Akanmu Adetunji;Speaker,Lagos State of House of Assembly,Rt. Hon. Mudashiru Obasa; and his Deputy,Hon. Wasiu Eshinlokun-Sanni when Lagos Lawmakers visited the Olubadan.More photos below.
Image may contain: 2 peopleImage may contain: 4 people

Comments

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

SSANU, NASU THREATEN STRIKE OVER WITHHELD SALARIES. (PHOTO).