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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GOV. ABIODUN WILL INAUGURATE 16 COMMISSIONS,BOARDS ON TUESDAY.{PHOTO}.#PRESS RELEASE.

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Ogun State Governor, Prince Dapo Abiodun, will on Tuesday, 17th November, 2020 inaugurate another batch of chairmen and members of commissions and boards he recently appointed.
In a statement by the Governor's Chief Press Secretary, Kunle Somorin, once the members of the boards, commissions and agencies are inaugurated, they will commence work in earnest.
Governor Abiodun urged the appointees to make selfless service their watchword and ensure consistency in policy execution by deliberately and creatively mainstreaming the 'Building Our Future Together" Agenda of the present Administration into the mandates and programmes of their respective agencies.
According to the statement, the commissions and boards to be inaugurated include:
• Ogun State Civil Service Commission
• Local Government Service Commission
• Teaching Service Commission
• State House of Assembly Service Commission
• Ogun State Television
• Ogun State Printing Corporation
• State Universal Basic Education Board
• Agriculture Development Corporation, and
• Water Corporation.
Others are:
• Ogun State Signage and Advert Agency
• Internal Revenue Service Board
• Parks and Garages Development Board
• Plantgate Ltd
• Board of Technical and Vocational Education
• Ogun Free Trade Zone (Gunadong), and
• Rubber Estate Ltd.
Also, two additional members will be inaugurated to join the Board of Ogun StateAgric Multi-Purpose Credit Agency earlier inaugurated. These are Mr. Mufutau Oshinowo and Hon. Israel Odufote who will serve as the General Manager of the Agency. The Board of Olabisi Onabanjo University Teaching Hospital (OOUTH) will be inaugurated at a later date.
The statement added that chairmen, board members and invited guests are to be seated at the June 12 Cultural Center by 10.30am while the inauguration programme will commence at 11:00am prompt.
Governor Abiodun said the appointees were carefully selected based on their antecedents and expressed confidence that with their wealth of experience, they would contribute meaningfully to the growth and sustainability of their respective agencies as well as deepen the implementation of the Building Our Future Together Agenda.
“It is my sincere hope that they will bring these worthy attributes to bear on the discharge of their very vital assignments as they are expected to demonstrate the highest standards in the discharge of their responsibilities", the statement concluded.
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