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

GOV. ABIODUN MOURNS ALABA LAWSON, SAYS SHE WAS A BLESSING TO MANY.(PHOTO).#PRESS RELEASE




Abiodun mourns Alaba Lawson, says she was a blessing to many


Ogun State Governor Prince Dapo Abiodun has described the death of the Iyalode of Yorubaland, Chief (Mrs) Alaba Lawson, as a huge loss to the nation.


Abiodun, who said he received the news of the passing of the business magnate, educational entrepreneur and administrator with great shock, said he took solace in the fact that the deceased left huge landmarks across a broad spectrum of the Nigerian landscape and would be remembered for being a blessing to thousands of Nigerians who crossed paths with her.


He added that as an epitome of excellence, the late Chief (Mrs) Lawson represented the very best of Nigerian womanhood and was a model to generations of women.


In a statement issued by his Chief Press Secretary, Lekan Adeniran in Abeokuta, the Ogun State capital, on Saturday, Abiodun said: “The passing of Chief (Mrs) Alaba Lawson is without doubt a shocking development, but we are consoled by her sterling record of service to humanity and unblemished contributions to the development of Ogun State.


“Born into the highly distinguished Jibolu-Taiwo family of Abeokuta, Chief (Mrs) Lawson was an exemplar of the popular Yoruba dictum of one born into nobility but who goes on to achieve self-rebirth, showcasing the timeless Omoluabi qualities that the Yoruba hold so dear.


“From her education in Nigeria to her sojourn in the United Kingdom, teaching in several schools while studying at the St. Nicholas Montessori Teachers’ Training College at Prince's Gate, England in 1973 where she set a record by becoming the first African to obtain a First Class Diploma in Education, Chief (Mrs) Alaba Lawson showcased uncommon commitment to excellence.


“When she returned home, she established a string of schools that have shaped the lives of generations of students and contributed immensely to Ogun State’s profile as Nigeria’s education capital.


“Whether as  the first female president of NACCIMA, chairman of the board of the Governing Council, Moshood Abiola Polytechnic, Ogun State;  Otun Iyalode of the Egba Christians, or the Iyalode of Yorubaland, Chief (Mrs) Lawson was the quintessential definition of a pacesetter. She was thoroughly accomplished and distinguished.


“Among other imperishable legacies, the Lawson’s Group of Schools comprising Lawson’s International Private School, Lawson’s Continuing Education Centre, Alaba Lawson Royal College, Abeokuta and Alaba Lawson School of Advanced Studies will continue to bear eloquent testimony to her genius.


 “She will be sorely missed.”


Governor Abiodun commiserated with the Alake of Egbaland, Oba (Dr) Adedotun Gbadebo, and his chiefs, the Lawson family and the nation in general on her demise and prayed that the Almighty God would grant them the fortitude to bear the irreparable loss.

 

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