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

AMBODE CALLS FOR REVIEW OF LAWS AGAINST SEXUAL,GENDER-BASED VIOLENCE.{PHOTOS}.


      Lagos State Governor, Mr. Akinwunmi Ambode on Thursday urged everyone to take a common stand against sexual and gender-based violence by advocating for the review of our laws to provide stiffer punishments for offenders given the serious threat the evil act poses to safety and security of women and the girl-child.
The Governor, who spoke through the Secretary to the State Government (SSG), Mr. Tunji Bello at the 18th Regular National Council Meeting on Women Affairs and Social Development held at the Academy Inn, Agidingbi, Ikeja, added that it constitutes a social menace that must be kicked out of the nation’s social system in order to protect and preserve the dignity of womanhood.
He posited that to achieve social inclusion and integration for socio-economic development, everyone must identify and address decisively issues of gender inequality, girl child education, domestic violence and sexual abuse that have limited the capacity of women to achieve their full potentials and contribute their quota to the development of the economy.
“In Lagos State, the issue of sexual abuse and gender-based violence is being addressed continuously through the Domestic and Sexual Violence Response Team (DSVRT)”, he explained.
He disclosed that the State Government is committed to ensuring the growth of every facet of the economy in every facet and will continue to invest significantly on safety and security as no economy can thrive in an atmosphere of fear, chaos and general insecurity.
He said the theme for the 18th Regular National Council Meeting: “Peace, Security and Social Inclusion: Key Building Blocks for Achieving Economic Growth and Sustainable Development”, touches directly the critical issues that determine the level of prosperity that can be attained by any society.
While stressing that the choice of the theme is instructive and reveals the untold hardship usually suffered by women and children in a state of insecurity, the Governor expressed the need to increase the involvement of women in the social, political and economic activities of the society.
He reaffirmed the State's commitment to a system of governance which does not discriminate on the basis of gender, ethnicity and physical disability, asserting that all citizens without bias to gender have the opportunity to express their opinions on issues especially those that directly affect them.
The Governor explained that his administration believes in empowering the informal sector, constituted by women in the majority, so as to facilitate the process of socio-economic inclusion.
Earlier in her remarks, the Minister of Women Affairs and Social Development, Senator Aisha Jumai Alhassan had commended the Lagos State Government for playing the lead role in domesticating and implementing the Children Rights Act.
She added that the efforts made by Lagos State Government in eradicating gender-based violence and continuous empowerment initiatives for women are truly appreciated.Also in her address, the Commissioner for Women Affairs and Poverty Alleviation, Mrs. Lola Akande, who was represented by the Permanent Secretary, Mrs. Abiola Liadi, recalled that the State Government has, in various ways, practicalised social inclusion as non-negotiable in the process of achieving sustainable development in any society.More photos below.
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