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

GOV. SANWO-OLU CELEBRATES SENATOR OLUREMI TINUBU AT 62 .(PHOTO).#PRESS RELEASE.



SANWO-OLU CELEBRATES SENATOR OLUREMI TINUBU AT 62 


The Governor of Lagos State, Mr. Babajide Sanwo-Olu, has congratulated Senator Oluremi Tinubu, the senator representing Lagos Central Senatorial District and former First Lady of Lagos State, on the occasion of her 62nd birthday.

Governor Sanwo-Olu in a statement issued on Tuesday by his Chief Press Secretary, Mr. Gboyega Akosile, said Senator Tinubu over the years, has emblazoned her name as an advocate of social justice, a philanthropist and a voice of the voiceless.

Senator Tinubu, who was Lagos State First Lady between May 29, 1999, and May 29, 2007, and is currently representing Lagos Central Senatorial District since 2011 in the Senate, will clock 62 years tomorrow, Wednesday, September 21. 

 

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