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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NIGERIAN, OSIBOGUN ELECTED DEPUTY MAYOR OF BUCKINGHAM IN THE UK.(PHOTO).

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NIGERIAN, OSIBOGUN ELECTED DEPUTY MAYOR OF BUCKINGHAM IN THE UK.


A Nigerian, Dr. Adekunle Osibogun has been elected as the Deputy Mayor of Buckingham in England, United Kingdom for a period of one year.

The Communications Manager of Omo Oodua Worldwide, Maxwell Adeleye, who made this known in a statement said Dr Osibogun is currently a councillor representing Buckingham South on the Buckingham Town Council.

Osibogun will deputise for the new Town Mayor who was also elected for a period of one year.

His tie to the communty began in 2004 when he arrived in Buckingham for his second undergraduate degree.

As the new Deputy Mayor, Osibogun will assist the Town Mayor with council meetings and promoting community focused initiatives; addressing residents concerns and overseeing the town’s public service departments to ensure they operate effectively.

Osibogun hails from Ijebu-Ode, Ogun-State, South-West, Nigeria and he is a former House of Representatives Candidate for Ijebu Central Federal Constituency during the 2019 general elections in Nigeria.

 

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