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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MAKINDE DISSOLVES WASTE MANAGEMENT TASK FORCE .(PHOTO).

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MAKINDE DISSOLVES WASTE MANAGEMENT TASK FORCE 


Oyo State Governor Seyi Makinde has ordered the dissolution of the State Task Force on Waste Management.

The Chairman, Transition and Inauguration Committee, Segun Ogunwuyi, who disclosed this in a statement on Thursday, said the dissolution is with immediate effect.

The task force, chaired by the Executive Assistant to Governor Seyi Makinde on Intervention, Mrs. Aderonke Adedayo, was inaugurated October, 2022.

Other members of the task force include the chairman of the defunct Waste Management task force, Mr. Francis Ojomo, Mr. Ademola Aderinto, who is Special Assistant to the Governor on Environment; Miss Ololade Ajibola, Special Assistant on Special Duties and Mr. Ayoade Adekola.

 

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