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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AIYEDATIWA APPOINTS FIRST FIVE AIDES AS ONDO GOVERNOR. (PHOTO).

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 Aiyedatiwa Appoints First Five Aides As Ondo Governor

Ondo State Governor, Lucky Aiyedatiwa, has appointed five aides barely a few hours after taking the oath of office.

The announcement was made in a statement on Wednesday by the Deputy Chief of Staff to the Governor, Omojuwa Olusegun.

According to the statement, Aiyedatiwa appointed a seasoned journalist, Mr Ebenezer Adeniyan, as his Chief Press Secretary and Sunday Abire as Special Assistant on New Media.

Ebenezer Adeniyan was, until his new appointment, Publisher of Trace News magazine.

Others were Abire Sunday, Special Assistant to the Governor on New Media, Smart Omodunbi, Special Assistant on Political Matters, Monturayo Oyedele, Special Assistant on Photography and Temitayo Iperepolu, Special Assistant on Domestic and Government House.

The first set of appointments takes immediate effect.

 

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