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Showing posts from August 11, 2022

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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GBADEBO RHODES-VIDOUR CLINCHES LABOUR PARTY GUBER TICKET .(PHOTO).#PRESS RELEASE

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GBADEBO RHODES-VIDOUR CLINCHES LABOUR PARTY GUBER TICKET  The desire of the youths to drive a revolution through their votes in 2023 election, has once more paid off with the election of 39 years old Gbadebo Rhodes-Vivour as the governorship candidate of Labour Party in the substitution governorship election of the party, held on Wednesday 10th August, 2022. Gbadebo who evinced the new face of hope of the teeming Lagos youths, polled 111 to defeat his much older opponent, Alhaji Moshood Salvado who polled 102 in the keenly contested primaries, observed by the Independent National Electoral Commission (INEC) and members of Labour Party National Executive Committee by the Deputy National Chairman of the party, Alhaji Lamidi Bashiru Apapa. In his victory speech, Gbadebo pledges to run an all-inclusive campaign cum government, when elected governor of Lagos State to build a Lagos State that works for all. He further opined that he will close ranks with all blocks in the party especially Al
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