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

AUDITOR-GENERAL UNVEILS BOOK: "THE ODYSSEY OF THE OFFICE OF THE STATE AUDITOR-GENERAL".{PHOTO}.#PRESS RELEASE.

The Lagos State Auditor-General, Mrs. Helen Deile, has said that auditors are not vindictive police but strategic partners saddled with the responsibilities of adding value, through ensuring the effective management of assets and funds in public and private organisations.


Mrs. Deile disclosed at the unveiling of her book titled “Odyssey of the Office of the State Auditor General, Lagos State” in Raddison Blu Hotel, GRA, Ikeja.


The Auditor-General explained that the book was written to outline the roles, impact and achievements of the audit sector within 50 years of its existence in the State, just as it highlights the tasks of auditors towards achieving transparent and accountable governance.


Her words: “The whole idea of writing this book is to use my experience and knowledge of the office to chronicle the path and history of the office to date”.


Noting that auditors do not only detect fraud, Mrs. Deile pointed out that they also examine accounts in order to determine whether a true and fair view of the state of affairs of the economy is presented during the period under review.


She emphasised that the book has vital information that will guide auditors on professionalism while discharging their duties in various MDAs across the public sector.


Highlighting contents of the publication, Mrs. Deile said, “These details include the creation of the office of the State Auditor-General, transformation process and functions of the Office, Audit Law and Establishment of the Audit Service Commission, Innovations and Achievements, coupled with professional ethics and values of the profession”.


A former Auditor-General in Lagos State and pioneer Chairman of the Lagos State Audit Service Commission, Mrs. Modupe Akinwolemiwa, speaking on the book initiative, maintained that no other book has been written detailing the audit process of public institutions in Nigeria to date.


Mrs. Akinwolemiwa commended the efforts of the author, describing her as a rugged trailblazer, who will be remembered for the insightful, remarkable and significant contributions to the audit institution.


She noted that the State Auditor-General ensured that auditors were adequately equipped and trained for better service across the State, stressing that her contributions have prepared officers to surmount challenges that might arise in future.


The event had in attendance the Lagos State Head of Service, Mr. Hakeem Muri-Okunola; Chairman, Audit Service Commission, Mrs. Oluwatoyin Adegbuji-Onikoyi; Permanent Secretary, Central Internal Audit, Mrs. Olusola Oduguwa; Permanent Secretary, Ministry of Wealth Creation & Employment, Mrs. Kafayat Ajenifuja and the Author’s husband, Pastor Laja Deile (former Board Member, Lagos State Christian Pilgrims Welfare Board), among other top government officials.




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PIX: Lagos State Head of Service, Mr. Hakeem Muri-Okunola (5th left); Chairman, Audit Service Commission, Mrs. Oluwatoyin Adegbuyi-Onikoyi (4th left); Permanent Secretary, Central Internal Audit, Mrs. O. O. Oduguwa (3rd left); Permanent Secretary, Ministry of Wealth Creation, Mrs. K. O. Ajenifuja (2nd left);  Commissioner I, Audit Service Commission, Mrs. Jokotola Ogundimu Ojosipe (1st left); Author and Auditor-General, Lagos State, Mrs. Helen Morenike Deile (4th right); Her husband, Pastor Laja Deile (5th right); Chairman, Governing Council, LASU, Sir David Sunmoni (1st left); Special Adviser to the Governor on Audit, Mr. Abayomi Oluyomi (2nd right) and others at the unveiling of Deile’s book, Odyssey, at Radisson Blu Hotel, GRA, Ikeja.

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