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

ADENIRAN-OGUNSANYA: LAGOS HAS LOST A GREAT WOMAN,SPEAKER OBASA MOURNS. (PHOTO).#PRESS RELEASE.

Adeniran-Ogunsanya: Lagos has lost a great woman, Speaker Obasa mourns

The Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa, has described the death of former Secretary to the Lagos State Government, Princess Adenrele Adeniran-Ogunsanya, as a major loss to the State.

Adeniran-Ogunsanya, who served the State during the first term of former Governor Babatunde Fashola between 2007 and 2011, died at 74 after a brief illness.

Dr. Obasa, in a statement by his media office, commiserated with the family and friends of the deceased saying her contributions as SSG to the progress of Lagos would remain indelible in the hearts of the residents of the State.

“She was always calm, filled with brilliant ideas and contributed immensely to the development of Lagos while she served as Secretary to the Lagos State Government,” Obasa said.

The Speaker added that the late Adeniran-Ogunsanya also played important roles in the politics of the State earning herself respect as a member of the All Progressives Congress (APC).

“On behalf of my colleagues at the Lagos State House of Assembly, I commiserate with the family, friends, leaders of our party and everyone affected by the demise of Princess Adenrele Adeniran-Ogunsanya.

I pray that God would grant her peace and give those she left behind the fortitude to bear this loss.

@lagosstategovt 
@jidesanwoolu 
@mudashiruobasa 



 

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