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 SIGNS PARTNERSHIP WITH AFREXIM AND ACCESS BANKS FOR INFRASTRUCTURE INVESTMENT IN LAGOS, AT THE 2ND AFRICARIBBEAN TRADE AND INVESTMENT FORUM IN GEORGETOWN, GUYANA TODAY.(PHOTOS).#PRESS RELEASE

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GOV. SANWO-OLU SIGNS PARTNERSHIP WITH AFREXIM AND ACCESS BANKS FOR INFRASTRUCTURE INVESTMENT IN LAGOS, AT THE 2ND AFRICARIBBEAN TRADE AND INVESTMENT FORUM IN GEORGETOWN, GUYANA ON TUESDAY, 31 OCTOBER, 2023



It was a significant moment in Guyana at the Africaribbean Trade and Investment Forum 2023 as we've secured a partnership with the African Export-Import Bank and Access Bank for a massive investment of $1.352 billion in Lagos. 


This investment will power our long-term infrastructure projects, demonstrating confidence from international and local partners in our growing economy. 


As we move forward, this investment will help us realize key projects, including the Fourth Mainland Bridge, Omu Creek Project, and the 2nd Phase of the LRMT Blue Line from Mile 2 to Okokomaiko. We're committed to creating a better future for Lagos and its people. 


Our vision for Lagos is becoming a reality with the Lekki-Epe International Airport and the Lagos Food Systems and Logistics Hub in Epe. These projects will further boost our economy and serve generations to come. 


The future of Lagos is brighter than ever.

l-r: Lagos State Governor, Mr. Babajide Sanwo-Olu; President and Chairman of the Board of Directors, African Export-Import Bank (Afreximbank), Prof. Benedict Oramah and Non-Executive Director, Access Bank Plc, Mr. Herbert Wigwe during the signing of partnerships by Lagos State Government, Afreximbank and Access Bank for infrastructure investment in Lagos, at the 2nd Africaribbean Trade and Investment Forum in Georgetown, Guyana, on Tuesday, 31 October 2023.


 


l-r: President and Chairman of the Board of Directors, African Export-Import Bank (Afreximbank), Prof. Benedict Oramah; Lagos State Governor, Mr. Babajide Sanwo-Olu and Non-Executive Director, Access Bank Plc, Mr. Herbert Wigwe during the signing of partnerships by Lagos State Government, Afreximbank and Access Bank for infrastructure investment in Lagos, at the 2nd Africaribbean Trade and Investment Forum in Georgetown, Guyana, on Tuesday, 31 October 2023.


 


Lagos State Governor, Mr. Babajide Sanwo-Olu (right); President, Cooperative Republic of Guyana, Mr. Irfann Ali (third right); Secretary General of the Caribbean Community (CARICOM), Dr. Carla Barnett (fourth right); President and Chairman of the Board of Directors, African Export-Import Bank (Afreximbank), Prof. Benedict Oramah (middle); Prime Minister of Barbados, Hon. Mia Mottley (fourth left) and others during the 2nd Africaribbean Trade and Investment Forum, with the theme “Creating a Shared Prosperous Future”, held in Georgetown, Guyana, on Tuesday, 31 October 2023.


More photos below. 





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