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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57TH INDEPENDENCE: LAGOS SPEAKER OBASA TASKS NIGERIANS ON COMMITMENT TO NATION'S UNITY+ASSURES ON GOOD GOVERNANCE.

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    The Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa has called on Nigerians not to relent in striving for the unity of the country despite some of the challenges facing the country presently. He stated that such commitment is needed to sustain the growth and development of the country.
The Speaker also assured Nigerians that the All Progressives Congress (APC) administration at both national and state levels is committed to the welfare and improvement in the standard of living of the people of the country.
Obasa's message and assurance were contained in his 57th Independent Anniversary message released on Saturday. The statement was signed by his Chief Press Secretary, Musbau Rasak.
"There is need for us not to relent in striving for the unity of this country. We've to share love among ourselves and be our brothers" keepers at all time. This is what's called patriotism and what we need to sustain the continued growth and development of our dear country.
"We should remain vigilant at all time and avoid taking laws into our hands. We should remain law abiding at all time and cooperate as well as support government at all levels in their efforts to bring about improvement in their standard of living and enhance their welfare," the Lagos Assembly Speaker said.
Obasa also assured that the government at all levels is committed to putting in place measures and programmes that will enhance development and growth of the country. "The APC administration at all levels is committed to good governance and we will not reneged on this," he said.
He however stated that while the government at all levels is committed to good governance, the people should reciprocate by supporting and cooperating with government as well as refrain from acts and utterances that can lead to violence or breakdown of law and order."I wish every Nigerian a fruitful and beneficial 57th Independent Anniversary Celebration and I pray that we celebrate more of it in years to come," the Lagos Assembly Speaker said.
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