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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GOV. ADELEKE SACKS 12,000 WORKERS, DETHRONES THREE MONARCHS.(PHOTO).

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Adeleke sacks 12,000 workers, dethrones three monarchs

Osun Governor Senator Ademola Adeleke has sacked 12,000 workers and ordered the dethronement of three monarchs barely 24 hours after his inauguration.  

The Governor also nullified the appointment of 30 Permanent Secretaries and suspended the chairman and members of   
Osun State Independent Electoral Commission (OSIEC). 

The affected monarchs include Akinrun of Ikinrun Oba Yinusa Akadiri; Aree of Ire Oba Ademola Oluponle and Owa of Igbajo, Oba Gboyega Famodun. He ordered the monarch to vacate the palace, asking security operatives to take over.

A statement by the Chief Press Secretary to Adeleke, Olawale Rasheed on Monday stated that the new Governor signed the Executives orders which covered chieftaincy matters, appointments issues, setting up of review panel, staff audit and employment matters.” 

The release reads: “All employments in the service of Osun State Government made in any capacity into any capacity in all the Ministries, Departments, Agencies, Commissions, Boards and Parastatals after July 17th, 2022 be and are hereby nullified. 

“Executive Order number five on Chieftaincy Affairs and appointment of traditional rulers. All appointments of traditional rulers made by Osun State Government after 17th July, 2022, are hereby ordered to be reviewed to ensure there was strict compliance with due process of chieftaincy declarations and native law, custom and tradition relating to such chieftaincies. In the case of Ikirun, Iree and Igbajo, to avoid further breakdown of law and order, the appointments of Akinrun of Ikinrun, Aree of Ire and Owa of Igbajo are hereby put on hold pending review. Subsequently, the palaces of Akinrun of Ikirun, Aree of Iree and Owa of Igbajo should remain unoccupied, while security agencies are hereby ordered to take charge.”

Osun immediate past Governor Adegboyega Oyetola employed over 12,000 workers and appointed 30 permanent secretaries.

A statement by the Secretary to Osun State Government, Tesleem Igbalaye, also announced the suspension of the chairman of the Osun State Independent Electoral Commission (OSIEC), Mr. Segun Oladitan and its members.  

Others are: Yusuf Oyeniran, Suibat Adubi, Prince Yinka Ajiboye, Abosede Omibeku, Dosu Gidigbi, and Wahab Adewoyin. 

He noted that the suspension was a sequel to several petitions bothering on financial impropriety, dereliction of duty, absenteeism and abuse of office against the said Chairman and members of the Commission.


 

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