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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GBAJABIAMILA EXPRESSES SYMPATHY OVER LAGOS BUILDING COLLAPSE,CALLS FOR MEASURES TO FORESTALL FUTURE INCIDENT.{PHOTOS}.#PRESS RELEASE.

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The Speaker of the House of Representatives, Rep. Femi Gbajabiamila, has expressed his sympathy over the Lagos building collapse of Monday, November 1, which led to the loss of some lives.


Gbajabiamila said it was unfortunate that the building collapse happened at a time the Lagos State Government was doing everything possible to make the lives of Lagosians safer.


The Speaker sent his condolences to the families of the victims, noting that he shared in their grief.


Speaker Gbajabiamila also sympathized with the government and people of Lagos State over the unfortunate incident.


He called for adequate measures to forestall future occurrence while urging the relevant authorities to double their efforts at rescuing those trapped in the multi-storey building.


Signed:

Lanre Lasisi, Special Adviser on Media and Publicity to the Speaker, House of Representatives, Federal Republic of Nigeria.

One more photo below.

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