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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OUR PATRIARCH HAS DEPARTED- OLUWAROTIMI AKEREDOLU JNR.(PHOTO).#PRESS RELEASE

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 Press Statement


OUR PATRIARCH HAS DEPARTED


With deepest regret and profound acceptance of the will of the Almighty, we announce the passing of our beloved, courageous, and compassionate father and grandfather, Arakunrin Oluwarotimi Akeredolu, SAN, CON.


He peacefully departed in his sleep at a Hospital in Germany, where he was undergoing treatment for protracted prostate cancer.


While we are deeply saddened and devastated by his departure, we find solace in the understanding that as he transitions to eternity, he will be guided by the benevolent hands of the angels of light, with whom he resided during his remarkable and fruitful journey on Earth.


During this challenging time, we sincerely appreciate everyone who has stood by us and extended their support since the news broke. We humbly request your prayers and support, while also asking for privacy as we navigate through this trying period.


Daddy, may you rest in perfect peace.


Details regarding the burial arrangements will be announced by the family and the State Government in due course.


Signed:

Oluwarotimi O. Akeredolu Jnr

For the Family

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