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. SANWO-OLU EXPRESSED HIS SADNESS OVER THE ACCIDENT THAT OCCURRED ON THE LAGOS-BADAGRY EXPRESSWAY ON SUNDAY. (PHOTO).#PRESS RELEASE

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I am deeply saddened by the news of an auto accident that occurred on the Lagos-Badagry Expressway, and claimed the lives of innocent passengers, including a 4 month-old baby, and left scores of injured people.

My thoughts and prayers are with the victims and their families during this difficult time.

This is a very sober time for us as a government, and while we acknowledge God as the giver of life, the one who determines every man’s destiny, it saddens us when we experience incidents like this. 

The death of a loved one is usually very painful. On behalf of the Government and people of Lagos State, I sympathise with the immediate families, friends and associates of the victims of the auto accident. 

We prayed that God will grant them the fortitude to bear the irreparable loss. Amen.

 

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