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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OGUN STATE TREASURY BOARD MEETING WILL HOLD 9-10TH OF NOVEMBER.

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    The Ogun State Treasury Board Meeting on 2018 Budget estimate will hold between Thursday November 9 and Friday November 10, 2017 at the Conference Hall, Obas Complex, Oke-Mosan, Abeokuta.
A release signed by Commissioner for Budget and Planning, Ms. Adenrele Adesina, said the meeting would consider the 2018 Advance Proposals and Draft Estimates submitted by Ministries, Department and Agencies of government in the State.
The release added that the Governor, Senator Ibikunle Amosun would preside over the two day meeting, which begins at 12noon on Thursday and 9.00am on Friday, adding that members of the State Executive Councils, Special Advisers, Accounting Officers and other relevant officers from MDAs were expected to be at the event.She enjoined all participants to be seated 30 minutes before the commencement of the event each day.
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