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

GOV. ABIODUN APPOINTS TUNDE ONAKOYA SPORTS AMBASSADOR. (PHOTOS). #PRESS RELEASE.


 Abiodun Appoints Tunde Onakoya Sports Ambassador 


Ogun State Governor, Prince Dapo Abiodun has appointed Mr. Tunde Onakoya, the National Master of Chess and the current Guinness World Record Holder for the longest Chess Marathon in history, the Sports Ambassador of the State.


Governor Abiodun, who made this known on Thursday when he received Mr. Onakoya in his office at Oke-Mosan, Abeokuta, also  announced the commencement of the State Chess Competition to be held in all parts of the state in honour of Mr. Onakoya.


Abiodun, who was impressed with the achievement of the National Chess Master at the global stage, said this could not have been possible without determination and resilience and hard work.


"I can see why you continue to be inspiration to many young people across the length and breath of this country. You have gone further by establishing a foundation called the 'Chess in Slums Africa' because you are determined to tell your story and encourage other children and get them out of the slums and give them hope and future.


"Today, we will be officially appointing you as our State Sports Ambassador. Coincidentally, Ogun State will be hosting the National Sports Festival in the next nine months or thereabouts and we are boasting  that we are set to host the best National Sports Festival that has never been held in the history of this country and coincidentally, chess is one of the games that will feature in that event.


"I have decided that because of you and in your honour, we will begin an Ogun State Chess Competition across the length and breath of the state. Since you are now officially our Sports Ambassador and our Chess Ambassador, we will leave it to you to design that competition from the local government all the way to the state level. 


"But we as your state, we will have a sponsor in the Tunde Onakoya Prize, for the winner of that competition," the governor explained.


The governor likened the travails of the Chess Master to that of millions of youths in Nigeria who are struggling to make something out of their lives, stating that his achievements in the face of difficulties is a testimony that life does not recognize where one comes from, place of birth or parent's status in the society.


He commended the longest Chess Marathon holder in the world, for his resolve to succeed without engaging in dubious activities, noting that with the feat, he has joined the league of illustrious sons and daughters who have done Ogun State proud in their chosen endeavours.


Mr. Onakoya had earlier told the governor of his immense gratitude for the support he received from Nigerians in his march to stardom, adding that he felt proud to be a Nigerian.


He also recalled his challenges while growing up, nothing that he saw chess as a way out of poverty and ability to think critically beyond the surface.


"I am proud to be a Nigerian and from Ago-Iwoye, Ogun State, I felt highly honoured and happy in the way Nigerians all over the world supported me immensely to achieve this feats and the honour accorded me by our royal fathers and His Excellency, Prince Dapo Abiodun, my state Governor," Onakoya said.

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