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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3 DIES, OTHERS INJURED IN KWARA ACCIDENT.(PHOTO)

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Oko-Olowo Expressway: 3 Dies, Others Injured In Kwara Accident 


Kwara State Governor, Mallam AbdulRahman AbdulRazaq has visited the accident scene at Oko-Olowo ExpressWay in Ilorin West local government area of the state, where two heavy trucks collided and caught fire.


Three persons have been confirmed dead while some others were injured in the resulting inferno. 


Governor Abdulrasaq commiserated with the victims and their families, as he urged motorists to always drive safely and with respect for other road users. 


He appreciated the Federal government for its investment on the Oko-Olowo Express Way and other federal road projects in the state, adding that the state government will continue to engage the federal government to construct a flyover on the road to reduce accidents at the busy Malete junction of the expressway.


The Governor had earlier paid a condolence visit to Maigida House in Edun community, Ilorin South local government area, where a building had been gutted by fire.


Kwara State Governor AbdulRahman AbdulRazaq (2nd right) in company of the Commissioner for Solid Minerals Development and Supervising Commissioner for Works and Transport Hon. Abdulquawiy Olododo; during an on-the-spot assessment to the scene of accident/fire incident at Oko Olowo area, in Ilorin, on Tuesday.

 

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