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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NAFDAC PLEDGES TO COLLABORATE WITH ICPC IN THE FIGHT AGAINST CORRUPTION. (PHOTOS).#PRESS RELEASE.

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NAFDAC Pledges to Collaborate with ICPC in the Fight against Corruption

The State Coordinator of National Agency for Food and Drug Administration and Control (NAFDAC) Osun State, Dr. Isaac Kolawole has expressed the willingness of the Agency to partner with the Independent Corrupt Practices and Other Related Offences Commission (ICPC) in the anti-corruption campaign by ensuring the establishment of Anti-Corruption and Transparency Unit (ACTU) at the state level, in order to enhance efficient service delivery.

Dr. Kolawole made the assertion while receiving the Resident Anti-Corruption Commissioner (RACC) of ICPC Osun State, Mr. Demola Bakare, fsi during a courtesy visit and sensitization lecture at the organization.

Mr. Bakare, who was represented by Mr. Azeez Lawal, an Assistant Director with the ICPC, stated that the reason for the visit was increased collaboration between the two agencies of government at the state level and to further enhance the cordial relationship between them.

More photos below. 


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