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

LASG TO BUILD NEW ORIENTATION CAMP FOR CORP MEMBERS AT AGBOWA.{PHOTOS}.#PRESS RELEASE.

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      The Lagos State Government is set to build a befitting and comfortable orientation camp for Corp members at the permanent orientation camp in Agbowa.
The Honourable Commissioner, for Special Duties and Inter-governmental Relations, Engr. Tayo Bamgbose-Martins stated this when the outgoing State Coordinator of National Youth Service Corps (NYSC) for Lagos State, Mr. Sunday Aroni paid him a farewell visit.
He said that "a thorough scrutiny of the old orientation site at Iyana Ipaja revealed that the camp was small and inadequate for over 29,000 Corp members deployed to the State annually. As such, there is a need to build a new, spacious and adequate permanent site as a replacement for the old Ipaja orientation camp".
While commending the outgoing NYSC State Coordinator for his performance and contributions to the success story of NYSC in Lagos, Bamgbose-Martins wished Mr. Sunday Aroni success in his deployment and future endeavours.
The Commissioner recalled the unfortunate incident that led to the demise of a youth corps member, Miss Naomi Awodi, who lost her life in a fatal accident, assuring that the State government will provide the necessary logistics support to convey the late Youth Corper to her home town in Benue State for a befitting burial.
Earlier, Mr. Aroni said that the aim of the visit was to formally inform Lagos State government of his deployment to Abuja and thanked the present administration for its support and cooperation during his eight-month stay in Lagos, saying “it was a pleasure to have had the opportunity to work with officials of the State Government”.
Aroni, thereafter, introduced Engr. Eddy Megwa as his successor and implored the present administration, through the Ministry of Special Duties and Intergovernmental Relations, to support the new NYSC Lagos State Coordinator so that he will also witness a successful tenure in office.
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    ReplyDelete

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