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

LG POLLS: AMBODE CONGRATULATES APC FOR THE 57 CHAIRMANSHIP SIT WON YESTERDAY+THANKS LAGOSIANS FOR PEACEFUL CONDUCT.

Image result for ambode              Lagos State Governor, Mr Akinwunmi Ambode on Sunday congratulated the All Progressives Congress (APC) for recording landslide victory at the just concluded Local Government election in the State, saying that the development was an eloquent affirmation that Lagosians have confidence in the party.
It was a clean sweep for all the 57 chairmanship candidates of the APC as they were all declared winners by the Lagos State Independent Electoral Commission (LASIEC) defeating all their rivals in the keenly contested election.
Governor Ambode, in a congratulatory message signed by his Chief Press Secretary, Mr. Habib Aruna, said the development was not just a victory for democracy but the people at the grassroots, who he said would experience continuity with improvement in terms of dividends of democracy.
The Governor said it was particularly gratifying that the party emerged victorious in all the positions not only for the chairmanship positions but also the councillorship, which is the closest to the people.
"This victory for us is nothing more than a confirmation of the trust that Lagosians have placed on the party. In that regard, I like to congratulate our great party, the All Progressives Congress (APC) for the landslide victory at the Saturday’s election in all the 57 Councils.
“I particularly note with joy the peaceful conduct of electorates who came out to exercise their franchise in favour of their preferred candidates despite the heavy rain. This is indeed a welcome development and it will go a long way to strengthen our resolve to push ahead with our vision to transform the Local Government system, being the closest to the people.
“I am also happy that we are conducting the Local Government election during my time after almost six years that the election was last held in the State,” the Governor said.
While congratulating the Lagos State Independent Electoral Commission (LASIEC) for the success of the election, Governor Ambode said the outcome of the election was a demonstrable evidence that the people have keyed into his vision to evolve participatory governance especially at the local level, just as he assured that his administration would not relent in promoting good governance both at the State and Local Government levels.
“I also like to congratulate LASIEC and all Lagosians for the success of the election which is reassuring about the culture of participatory democracy we are building in the State. It is on record that Lagosians comported themselves peacefully before, during and after the period of the election and this confirms the readiness of the people to support us all the way in our bid to truly take Lagos State to greater heights.
“On our part, we shall continue to work assiduously to move the State forward and make life better and comfortable for the people,” Governor Ambode assured.He, however, urged those aggrieved with the result to channel their grievances to the appropriate quarters rather than resort to self-help.Image result for ambode

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