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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500 DAYS IN OFFICE: GOV. SANWO-OLU TO RENDER ACCOUNT.{PHOTOS}.#PRESS RELEASE.

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Lagos State Governor Mr. Babajide Sanwo-Olu is set to mark his 500 days in office. The administration hit 500 days on October 10.
For the Governor, it is an opportunity to review the “Greater Lagos” journey and tender his report card to Lagosians.
He will, on October 20, deliver a state of the State address at a Press Conference at the Government Secretariat, Alausa, Ikeja.
Sanwo-Olu will speak on the achievements of his administration, guided by the .T.H.E.M.E.S Agenda - the six-pillar development strategy propelling the “Greater Lagos” journey. He will review the journey and offer Lagosians a peep into the future of the administration.
The past 500 days have been eventful and challenging - no thanks to COVID-19 and its lethal effects. Sanwo-Olu rallied Lagosians to battle the pandemic, even as he continued to deliver on his electoral promises.
Despite COVID-19 and its attendant challenges, the Sanwo-Olu administration has continued to deliver on its electoral promises, focusing on human and infrastructural development. The State's economy remains strong. There have been wonderful moves in education, health, transportation, poverty alleviation and employment as well as in other sectors.
Sanwo-Olu will speak on these and many more.
Gbenga Omotoso
Commissioner for Information and Strategy
Image may contain: text that says "P 之 JUSTICE AND PROGRESS"

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