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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TINUBU @70: GBAJABIAMILA PAYS TRIBUTE. (PHOTO).#PRESS RELEASE.

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The Speaker of the House of Representatives Rep. Femi Gbajabiamila has paid glowing tributes to the national leader of the All Progressives Congress (APC), Asiwaju Bola Ahmed Tinubu, on his 70th birthday.

He said the Jagaban of Borgu kingdom has demonstrated an uncommon and unyielding commitment to a progressive and prosperous Nigeria.

The speaker noted with delight Tinubu’s invaluable contributions to Nigeria's democracy in the past decades, saying he has unmatched credentials.

With these, Tinubu’s services to his fatherland are most needed at a time like this, the speaker stated further.

Speaker Gbajabiamila recalled how Tinubu used his acumen to turn things around in Lagos State when he served as governor for eight years.

Referring to Tinubu as the pillar of modern developmental strides in Lagos State, Gbajabiamila said he believes the APC national leader will go down in history as one of the best and most impactful democrats Nigeria has had.

The speaker wished the Asiwaju more fruitful years in good health as well as increased wisdom from the Almighty God.

 

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