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. SANWO-OLU MOURNS SOUND SULTAN.{PHOTO}.#PRESS RELEASE..

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Lagos State Governor, Mr. Babajide Sanwo-Olu, has extended his heartfelt condolences to the Fasasi family and the Nigerian entertainment industry on the passage of a renowned rapper, singer and songwriter, Olanrewaju Fasasi, popularly known as Sound Sultan, who died on Sunday at age 44 and was buried in the United States of America in accordance with Islamic injunctions.


Governor Sanwo-Olu, in a statement issued on Monday by his Chief Press Secretary, Mr. Gboyega Akosile, expressed shock over the death of the singer, saying Fasasi’s demise was painful and a great loss to the deceased family, Nigerian music industry and the country as a whole.


The Governor urged the deceased family, friends, associates, fans and the entertainment practitioners to take the death of Sound Sultan as an act of God.


He said: "Sound Sultan's death is painful. He was a bundle of talents, who used his God-given gift to advance the course of mankind. His music, artistry and interest in sports were all donated at every point for the development of humanity."


Sanwo-Olu added that: “No doubt the death of a loved one is usually painful because it is irreparable but we must always take solace in God especially if the deceased had lived a good and fulfilled life, just like the late Olanrewaju Fasasi, who was a celebrated singer, comedian, rapper, songwriter and actor during his lifetime.


“Sound Sultan will be sorely missed by his family, friends, fans and the Nigerian entertainment industry as one of the pacesetters of modern hip hop music in Nigeria.


"Sound Sultan who was notable for using his music to speak against poverty, corruption, bad governance and societal ills in Nigeria, has left a vacuum that would take some time to be filled".


“I sympathise with Sound Sultan’s widow, children, siblings, family, fans and colleagues. I pray that God will grant the late Olanrewaju Fasasi eternal rest and grant the family the fortitude to bear the irreparable loss.”

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