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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SANWO-OLU'S AIDE COMMENDS ROYAL FATHER FOR RAPID TRANSFORMATION OF COMMUNITY.{PHOTO}.#PRESS RELEASE.

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    The Special Adviser to the Lagos State Governor on Tourism, Arts and Culture, Mr. Solomon Bonu has acknowledged the transformational strides of the Paramount Ruler of Iworo Town in Olorunda Local Council Development Area (LCDA) of the State, His Royal Majesty, Oba (Dr.) Oladele Friday Kosoko, Ogundeyi II, Oniworo of Iworo Kingdom.
Bonu described the Royal Father as the "Architect of a Modern Iworo" and a pacesetter who has brought noticeable development to the ancient town within the last three years of his enthronement.
The Special Adviser gave the commendation on Saturday, when he paid a courtesy visit to the Palace of Oniworo of Iworo Kingdom, interacted with the Royal Father, Chiefs and some Principal Officers and inspected some ongoing projects in the town.
He said "I want to commend our Monarch for his laudable achievements, doggedness, vision, commitment and leadership style which has reflected in the community. I can see that work is ongoing at the Central Palace as well as other self-initiated projects by members of the community. This is a confirmation that when an intellectually sound person is in the position of leadership you will see massive change and development".
While inspecting some of the ongoing projects in Iworo, particularly the Zonal Model College, Iworo (FGN/SOUTHWEST ZONE), the Special Adviser revealed that when completed and commissioned, it would further expose Iworo community to the whole world and endear the town to more investment opportunities.
The Federal Government project, among several others, according to Bonu, are a major boost for the community in terms of development and economic viability of the town.
Responding, Oba Kosoko, who facilitated the Federal Government Model College project in the town, listed some of his achievements in the last three years, including the Establishment of Tomato Farming in one of the communities.
The Royal Father also informed that, as part of his efforts to attract more development to the town, he has earmarked some plots of land to the State Government for construction of the "Proposed Iworo Jetty and Fish Market".
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