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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ENTRIES POUR IN AS NIGERIA'S PREMIER CSR MAGAZINE, CSR REPORTERS HOLDS ITS ANNUAL SOCIAL IMPACT AND SUSTAINABILITY AWARDS.(PHOTO).#PRESS RELEASE

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ENTRIES POUR IN AS NIGERIA'S PREMIER CSR MAGAZINE, CSR REPORTERS HOLDS ITS ANNUAL SOCIAL IMPACT AND SUSTAINABILITY AWARDS



The editorial board of CSR Reporters, Nigeria’s first and only all-Corporate Social Responsibility (CSR) and Sustainability publication has announced that it has received over 198 entries for its annual PHILANTHROPIC AWARDS ON SOCIAL IMPACT AND SUSTAINABILITY PRACTICES IN NIGERIA. 

In a briefing on Friday,  the Chairman, Barrister Kayode Olatokun flanked by other board members said that in the history of the award which began in 2019, the board had not received this number of entries. 'This shows the level of awareness and confidence organizations now have in this', he said.

On his part, Mr. Eche Munonye, Editor-In-Chief of the publication said that 'organizations are now beginning to see the need to be rated in their efforts to do the right things. The award has 35 categories and we have seen an influx of entries from across Nigeria'

The job is now left for the vetting committee to review and report back for onward notification to winners. 

The awards are in three main categories of SUSTAINABILITY, SOCIAL IMPACT and CSR and they're further broken down into 35 categories in all.
 
The award generally recognizes initiatives of companies in promoting sustainable economies in Nigeria and in serving the needy public.

Now in its third year, the CSR REPORTERS’ PHILANTHROPIC AWARDS ON Social Impact & Sustainability Practices in Nigeria is an annual event to recognize, honor and celebrate the outstanding efforts of organizations and individuals that have made transformative impact on the Nigerian society.

Particularly, the award will recognize the companies that have integrated globally recognized and measurable sustainability standards including ISO 37101 Management Standards on Sustainable Development in Communities (MSSDC), ISO 26000 Social Responsibility, ISO 14001 Environmental Management, ISO 9001 Quality Management, ISO 20400 Sustainable Supply Chain Management, ISO 45001 Occupational Health and Safety Management Standards, among others. It will also recognize organizations that have followed best reporting standards such as GRI and IIRC Standards. Other categories include specific initiatives in support of the 17 Sustainable Development Goals (SDGs) and individual philanthropic efforts for the year under review.

The highpoint of the event usually is the unveiling of the Philanthropic Person of the Year and the winner of Lifetime Achievement Award which are the most competitive categories of the award. The last two winners of this coveted category of PERSON OF THE YEAR, popularly tagged the “Star Award” were Alhaji AbdulSamad Rabiu (2020) and Barrister Allen Onyema (2021).

Preparation are in top gear for the in-person ceremony holding at the Radisson Blu Hotel, Ikeja Lagos on November 26th.

Followers can visit: www.csrreportersawards.com for further details on the event.


 

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