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 EXPRESSES SADNESS OVER DEATH OF OJODU GRAMMAR SCHOOL STUDENTS.[PHOTO].#PRESS RELEASE

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Governor Babajide Sanwo-Olu has expressed deep sorrow over the death of the students of Ojodu Grammar school, who were crushed to death by a truck driver yesterday.


In a condolence message signed by his Chief Press Secretary, Mr. Gboyega Akosile on Wednesday, Sanwo-Olu described the demise of the students as sad, unfortunate and avoidable.


The Governor sympathised with families of the bereaved students, their relatives, friends, management and staff of Ojodu Grammar school.


He said: "I commiserate with the parents, management, staff and students of Ojodu Grammar school over this unfortunate death of our students, whose lives were cut short by a truck driver yesterday.


"The sad incident has left me devastated since yesterday because it is terrible to hear about the death of innocent children, especially in a clearly avoidable circumstance like what happened yesterday.


"As a parent, words cannot express how shattered I was when I learnt about the incident. No one's life, including those vibrant students, who were returning from where they had gone to learn for a better future, deserved to be ended in that manner.


"My deepest sympathies go out to their parents. I pray that God will grant them the fortitude to bear the irreparable loss.


"Our prayers are also with the survivors, who are receiving treatment at the hospitals.


"Meanwhile, we have immediately ordered that the affected schools be shut down till January, while investigations are ongoing. The erring driver has also been arrested."

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