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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RRS COMMENDS PROVIDUS BANK FOR TWO CAR GIFT.(PHOTO).#PRESS RELEASE

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RRS COMMENDS PROVIDUS BANK FOR TWO CAR GIFT

 
The Commander, Lagos Rapid Response Squad (RRS), CSP Olayinka Egbeyemi, has commended the management of Providus Bank for giving the squad two saloon cars in replacement of the squad’s patrol vehicle that got burnt sometime in November 2022.
 
The two cars, CHANGAN EADO DT brand, were brought to the RRS headquarters in Alausa on Wednesday, 6th June, 2023 to replace the squad’s Toyota Corolla that got burnt from the fire incident at Akin Adesola, Off Adeola Odeku Street branch of the bank on November 1st, 2022.
 
Inspecting the vehicles before deployment this morning, the Commander, thanked the bank for giving RRS the two new cars.
 
While appreciating the gesture, CSP Egbeyemi, assured that the vehicles would facilitate the creation of fresh pin down points in the state, adding that, vehicles donated to the squad help alot in strengthening operations across the state.

 

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