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

VP. OSINBAJO TO FLAG-OFF OGUN DIGITAL ECONOMIC EMPOWERMENT PROJECT, THURSDAY.{PHOTO}.#PRESS RELEASE.

 

Barring any last minute change in plans, Vice President Yemi Osinbajo will on Thursday join Ogun State Governor, Prince Dapo Abiodun, to flag off a digital empowerment programme in Abeokuta, the state capital.
Tagged 'Ogun State Digital Economic Empowerment Project', it is a plan of the State Government, being organised by the Bureau of Information Technology in conjunction with 21st Century Technologies.
In a press release signed by the Chief Press Secretary (CPS) to the Governor, Mr. Kunle Somorin, he quoted the Director, Information Technology in the Bureau, Mrs. Olatundun Adekunte as saying that the event will hold at Ogun Tech-Hub Kobape Road, Abeokuta at 11am on Thursday.
According to the release, the project is aimed at providing internet accessibility to indigenes and residents of the state and its environs in order to enhance lives and businesses of the people.
The release further stated that other special guests such as the Governor, Central Bank of Nigeria (CBN), Godwin Emefiele; Ministers, Stakeholders, Royal Fathers will grace the occasion.
It added that the project would enable the people to meet up with the best global practices in the present digital era.
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