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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LAGOS TO PROBE PETROL SOUVENIR AT PARTY.(PHOTOS).#PRESS RELEASE

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LAGOS TO PROBE PETROL SOUVENIR AT PARTY


The attention of the Lagos State Government has been drawn to a video showing kegs of petrol being handed out as souvenirs at an Event Centre in Lagos.  The video has gone viral on social media.

There is no doubt that this action is dangerous and can lead to the loss of lives and property.  It is blatantly against all safety measures in such places. 

The Lagos State Government, through the Safety Commission, is investigating this matter and will ensure that all parties to this reprehensible action are made to account for it.

The safety of lives and property of Lagosians and visitors remains a top priority to the Governor Babajide Sanwo-Olu administration. We, therefore, advise that actions that can lead to the loss of lives and property be avoided.

Gbenga Omotoso 

Commissioner, Information & Strategy

One more photo below. 

 

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