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

SANWO-OLU HAS SHOWN LEADERSHIP IN MANAGING COVID-19 OUTBREAK-TINUBU.{PHOTO}.#PRESS RELEASE.

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     National Leader of the All Progressives Congress (APC), Asiwaju Bola Ahmed Tinubu, has thrown his weight behind the preventive measures being taken by the Lagos State Governor, Mr. Babajide Sanwo-Olu, to stop the spread of novel Coronavirus (COVID-19) within the State.
Tinubu said Gov. Sanwo-Olu had shown leadership in the implementation of the response strategy to manage confirmed cases of coronavirus infection and tracing of suspected cases, even beyond the borders of the State.
The former Lagos State Governor described coronavirus as “mysterious enemy”, saying leaders across the globe were in for a “challenging period” as they take actions on daily basis to combat the ravaging epidemic.
Tinubu spoke on Tuesday after a private meeting with Governor Sanwo-Olu at the State House in Marina.
The APC National Leader said: “First of all, I congratulate the Government of Lagos State for what has been done so far and the regular information that the Government is sharing with the public. This is the essence of leadership. Nigerians need a lot of education in this challenge period.
“I congratulate the Governor (Sanwo-Olu), for the fact that he asked the workers to stay at home to discontinue the chain of transmission. We must respect this order and obey the Government. We endorse the position of the Governor. Let people stay at home in period and pray in their houses.”
Tinubu said he would be in support of further more stringent measures, suggesting a total lockdown in the State to stop the epidemic.
If the Prime Minister of the United Kingdom (UK) could lock down the city of London, the APC leader said there would be nothing strange if Lagos Government took similar decision.
He said: “I can’t pre-empt what the Governor would be doing next. But, whatever decision he takes, he has our support. We have reviewed the previous measures with him and he has also reviewed with his team. We have confidence in the team; whatever they say, we will comply.”
Tinubu said the people must embrace the new culture of social distancing to break the cycle of transmission, noting that actions being introduced against COVID-19 would teach people the lesson of keeping hygienic at all times.
He particularly advised students and market women to heed the Government’s directive, stressing that their activities must help the nation to win the battle against the disease.
“The activities in the market must reflect the new culture; we all must obey the Government. Having to restrict hugging and family excitement doesn’t mean we don’t love one another. We do, but we have to prevent the spread of a mysterious disease that is our common enemy,” Tinubu said.
He hailed all religious leaders who obeyed the directive of the Government on public gatherings and also disseminated information about COVID-19 to their followers.
The politician urged members of the public to heed the directives issued by the Government and tasked them to maintain personal hygiene in order to protect their fellow patriots.
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