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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COLLAPSED BUILDING: BOLANLE AMBODE CONDOLES WITH VICTIMS FAMILIES.#PRESS RELEASE.

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     Wife of the Governor of Lagos State, Mrs. Bolanle Ambode has described the collapsed building incident which claimed the lives of some school pupils at Ita-Faaji as a very unfortunate and sad incident, just as she sent her condolences to the families of those who lost their loved ones in the incident.
Mrs. Ambode lamented the tragic death of the young school pupils describing it as heartrending and prayed for the quick recovery of survivors of the incident.
"As a mother, I feel pained and sad that little pupils in the course of education should meet such a tragic fate”, she said.
Bolanle noted that such a sad occurrence could be averted if property owners adhered strictly to building codes guiding the infrastructure development, stressing that lives were too precious to sacrifice for economic gains.
The First Lady fervently prayed that God comforts the families of the deceased children, quick recovery for the injured and for a stoppage of such tragic occurrence in the State and the entire country.
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