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

GANI ADAMS LAUDS AMBODE'S ROLE IN SOUTH-WEST INTEGRATION+VISITS ALAUSA,SAYS STATE WITNESSING MASSIVE TRANSFORMATION.{PHOTOS}.


Image may contain: 4 people, people smiling, people standing and hat          The Aare Ona Kakanfo Designate, Otunba Gani Adams on Tuesday paid a courtesy visit to the Lagos State Governor, Mr. Akinwunmi Ambode at the Lagos House in Alausa Ikeja, where he commended his role in the political and economic integration of the South West Region.
Adams, who said he was in Lagos to pay homage as well as invite the Governor to his installation scheduled for January 13, alluded to the fact that Governor Ambode since assumption of office has taken the growth of the South West region to heart.
"I want to thank you for your role in the South West integration. I believe that Lagos is south West even though it’s the commercial nerve centre of Nigeria, in your own tenure, I have realised that you are more interested in the integration of the South West and we are Yorubas no matter where we come from, thank you so much for that”, Adams said.
The Aare Ona Kakanfo Designate also lauded Governor Ambode, noting that it was in his tenure that Lagos joined the Oodua Investment Group, an initiative tailored towards expanding the economic integration of the South West Region.
"I have realised that in your own tenure, you clearly came out to support Oòduà Investment. So, its important for any Governor of Lagos State to support the Group, because about 50 to 60 percent of Oòduà investment is in Lagos and as the number one citizen and Chief Security Officer, its a good direction and God will bless you for that ".
Commending the developmental strides in Lagos, Adams said the Governor in the last two and half years had succeeded in giving the State a major facelift, adding that appreciable level of progress has been recorded across the State.
"I am so particular about the Light up Lagos. If I am driving from the Island anytime from 8pm, I always ask my Chief of Staff or driver if we are in Europe or we are still in Nigeria or the same Lagos that we are living before?
"I think that anyone that gives light, gives life, by giving light to Lagos State, you are giving life to Lagos State and the more you keep on lighting up Lagos, God will continue to develop Lagos State," he said.
He said his visit to Lagos House was also to establish a relationship with the State Government going forward.
"Chief Obafemi Awolowo said that there is no permanent enemy or permanent friend in politics. No matter anything that has happened I want to build a relationship with you, personally, with the Lagos State Government and with the people of Lagos," the Aare Ona Kakanfo Designate said.
Responding, Governor Ambode said Lagos over the years has remained the heartbeat of the future of the Yoruba race, assuring that no stone would be left unturned to engender South West integration as well as preserve its rich heritage and culture.
He said his administration remains firmly committed to the economic and political integration of the South West and would continue to support initiatives towards its success.
“We believe so much in the Yoruba race, we believe so much that Lagos remains the bull work of the future of the Yoruba race and we would not let the Yoruba race down. Yes, we believe so much in Nigeria but we know where we are from and we know that everything that binds us together as one we would continue to support,” he said.
Congratulating the Aare Ona Kakanfo Designate, Governor Ambode said the title was one of the most significant in the Yoruba culture, noting that the emergence of Otunba Gani Adams clearly shows that the economic integration and political cohesion of the South West region was on course.
“This visit is not ordinary, it’s significant for us. It also shows that we are embodiment of the Yoruba heritage. We support fully, the ascension of the title, Aare Ona Kakanfo in the person of Otunba Gani Adams. What the State Government is trying to do this morning is to say that the Yoruba culture and the Yoruba heritage must not be left in tatters and just as he has said, this title is one of the most significant titles that actually bind the Yoruba culture together.
“So for us, for Otunba Gani Adams to have been so chosen divinely as the next Aare Ona Kakanfo, it shows that what we have been speaking about the economic integration and the political cohesion of the Yoruba race is in good hands,” the Governor said.
While thanking the Alaafin of Oyo, Oba Lamidi Adeyemi for choosing Adams as the 15th Aare Ona Kakanfo of Yorubaland, Governor Ambode said the title comes with some deference, authority and responsibility, assuring Otunba Adams that the State Government would offer support to make his tenure a success.“We as a government, beyond the fact that we would support you, we would also put you in prayers that whatever the responsibility is, God in his infinite mercies will support you; you would be the most successful Aare Ona Kakanfo that the Yoruba race has ever had. Because we are involved, we would make sure that everything that has to do with the Yoruba heritage, everything that has to do with the Yoruba culture, we would protect with all our heart,” the Governor said.
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