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Showing posts from September 29, 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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PROFESSOR IMUMOLEN CALLS FOR A FLEXIBLE REGULATION OF NIGERIA'S EDUCATION SECTOR.(PHOTOS).#PRESS RELEASE.

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PRESS RELEASE  PROFESSOR IMUMOLEN CALLS FOR A FLEXIBLE REGULATION OF NIGERIA'S EDUCATION SECTOR At the Convocation/ Matriculation ceremony of the JPTS Institute of Management, Science & Technology which took place yesterday, President of the organisation, Professor Christopher Imumolen has called on the Nigerian authorities to reduce the stiffness surrounding the regulation of the crucial sector to allow private player inject excellence Imumolen gave this advice while lamenting the lingering industrial action of the ASUU at the Digital Bridge Institute, Cappa, Oshodi Lagos, stressing that education is the fulcrum that carries national development and human capital enhancement, and that it should not be shut down as Nigeria is currently doing. Expressing delight at the  fact that the JPTS and its partnering international institutions have weathered the storm reasonably through strategic involvement and digitalisation which has offered a lease to Nigerian youths who would have be
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