INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

Image
  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. AKEREDOLU PROCEEDS ON FRESH MEDICAL LEAVE.(PHOTO).




 Akeredolu Proceeds On Fresh Medical Leave  


Following the political crisis over his continued absence from official duty, Governor Rotimi Akeredolu of Ondo State has proceeded on a fresh medical leave outside the state. 


Governor Akeredolu, in a statement issued on Tuesday by his Chief Press Secretary, Richard Olatunde, also asked his deputy, Lucky Aiyedatiwa, to take over power in an “acting capacity” while he was away on a medical trip.


In a copy of the statement obtained by Daily Trust, the ailing Ondo governor said a letter regarding his medical leave and a notice formally transferring power to Aiyedatiwa in line with the constitution would be transmitted to the State House of Assembly.


He revealed that the medical vacation would start by Wednesday (December 13, 2023) in continuation of his medical treatment.


“Ondo State Governor, Arakunrin Oluwarotimi Akeredolu, SAN, CON, will commence his medical leave on Wednesday, December 13, 2023, as a follow-up to his medical treatment.


“During his medical leave, Governor Akeredolu will prioritise his health and ensure a full recovery before resuming his official duties.


“A formal letter regarding the medical leave and a notice formally transferring power in line with the Nigerian Constitution will be transmitted to the House of Assembly.


“In the absence of Governor Akeredolu, the Deputy Governor, Hon. Lucky Orimisan Aiyedatiwa, will assume the responsibilities of the Governor in an acting capacity.


“Governor Akeredolu expresses his gratitude for the unwavering support and affection of the people of Ondo State. He assures them that his administration remains committed to the path of progress and prosperity for the people.


“As a Senior Advocate of Nigeria and a widely respected Nigerian, Governor Akeredolu has consistently delegated power to his deputy during his annual vacations. This practice was observed on April 1, 2021, April 1, 2022, April 3, 2023, and July 10, 2023, when he embarked on previous vacations,” the statement read.


The development came after President Bola Tinubu for the second time within a month summoned all the political actors in the state to a meeting at the Presidential Villa in Abuja.

Comments

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

SSANU, NASU THREATEN STRIKE OVER WITHHELD SALARIES. (PHOTO).