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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GBAJABIAMILA CONGRATULATES SANWO-OLU ON SECOND-TERM REELECTION. (PHOTO).#PRESS RELEASE.

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Gbajabiamila congratulates Sanwo-Olu on second-term reelection
...urges magnanimity in victory

The Speaker of the House of Representatives, Rep. Femi Gbajabiamila, has congratulated Governor Babajide Sanwo-Olu of Lagos State on his second-term victory.

Gbajabiamila said the landslide victory that Governor Sanwo-Olu recorded was a testimony to his good governance and giant strides in Lagos State in the last four years.

The speaker was elated that Governor Sanwo-Olu had won a second-term mandate, which he described as the "people's mandate."

Noting that it was a deserved victory, Gbajabiamila said he was happy that Lagosians had seen the "good work" that Sanwo-Olu had done and elected him for the second time.

In a statement by his Special Adviser on Media and Publicity, Lanre Lasisi, in Abuja on Tuesday, Speaker Gbajabiamila applauded Lagosians for their resilience and determination to see that Sanwo-Olu was returned.

He urged the governor to be magnanimous in victory, advising him to consolidate on the achievements of his first term.

With the Sanwo-Olu that he knows, Gbajabiamila said, Lagos State would witness massive developmental projects during the governor's second term in office.

Speaker Gbajabiamila also congratulated other APC candidates who won governorship elections in Ogun, Katsina, Sokoto, Nasarawa, Gombe, Jigawa, Yobe, Kwara, Benue, Kaduna, Borno, Niger, Ebonyi, Cross River and other states where APC candidates are set to be declared winners.

 

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