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. SANWO-OLU CALLS FOR CALM.(PHOTO).#PRESS RELEASE.

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Dear Lagosians,

We got reports of friction in some parts of Lagos this morning, however, all is calm now. 
There is no need for violence, which is not part of our culture. 

I therefore urge all Lagosians to go about their businesses without any fear of harassment. Law enforcement agencies have been asked to ensure that there is no breakdown of law and order in any part of the state. 

I have been your Governor for almost four years, promoting harmony and friendship across ethnic and religious lines without any form of discrimination whatsoever. 

Let us remain calm. All will be well. We are a peaceful people and so we shall remain.


 

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