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. ABIODUN CONGRATULATES OGUN STATE BORN NEW ACCOUNTANT-GENERAL OF THE FEDERATION. (PHOTO).#PRESS RELEASE.

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Abiodun congratulates Ogun State born new Accountant-General of Federation


...hails President Buhari on appointment of first female AG-F


The Ogun State governor, Dapo Abiodun, has congratulated the new Accountant-General of the Federation, Dr. (Mrs.) Toyin Madein.


Abiodun, in a statement by his Chief Press Secretary, Kunle Somorin, on Saturday, expressed delight that Maiden, who is the first female to occupy the exalted position in the country is from Ogun State, saying she has recorded another first for the state reputed for many firsts in the country.


According to the governor, the newly appointed Accountant-General's track records and astuteness in the accounting profession would have served as a launch pad into the number one public accounting officer in the country.


Abiodun hailed President Muhammadu Buhari for approving the appointment, noting such a feat by Ogun State born public administrator would serve as an encouragement for the womenfolk in the country.


He, however, urged the Iperu-Remo born top public servant to uphold the ethics of the accounting profession and give good account of herself as true born Ogun indigene


The governor further charged her to use administrative experiences she had garnered while serving at different ministries such Police, Power, Works and Housing, Youth and Sports Development, to excel at her new duty post.


While reminding Dr. Maiden of the delicate and sensitive nature of her new position, Abiodun tasked her on probity, accountability and transparency while carrying out her duties as the Chief Accounting Officer of the Federation.

 

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