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

LAGOS DID NOT STOP #EndSARS MEMORIAL EVENT – OMOTOSO.{PHOTO}.#PRESS RELEASE

 

Governor Babajide Olusola Sanwo-Olu did not stop any first-year #EndSARS memorial event from taking place, Commissioner for Information and Strategy, Gbenga Omotoso has said. 


The Governor encourages free speech and the right of citizens to protest, the Commissioner said.


Omotoso was responding to questions on Arise TV Morning Show today, following a claim that the Governor instructed owners of Landmark Events Centre to bar organisers of the events from their facility. Omotoso maintained that such an incident never happened.


According to him, after the rumour broke out, Governor Sanwo-Olu personally called the owners of Landmark to find out what happened.  


Omotoso said: “The owners of Landmark confirmed that it was purely a business decision taken to safeguard their customers and property because they do not know where it could end like what happened last year.”


With the Governor, Omotoso said, were some leaders of the #EndSARS protests. They heard the conversation between the Governor and the event centre owners.


Asked why proponents of the #EndSARS memorial were not invited to the Lagos Youth Symposium organised by the State to interact with youths, Omotoso said the event was open to all, “an all-comers affair”.


He spoke of how he personally invited some of them, who he said declined the invitation “because they had their own events.”


Confirming that there was also an element of protest at the youth symposium by some physically challenged persons, the blind and students, Omotoso said “despite the unruly behaviour of some of the attendees, Mr. Governor still listened to them and gave them the opportunity to speak.”


While reacting to a question about scenes of policemen intimidating protesters at the Lekki Toll Gate earlier in the day, the Commissioner maintained that there was no justification for such but some officers could be overzealous due to individual traits.


He reiterated that people have a right to protest, just as it is also the job of the Police to provide protection.


“Mr. Governor will always allow free speech. He can only advise the Commissioner of Police who doesn’t report to him”, Omotoso said.

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