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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GOV. SANWO-OLU RECEIVES MEMBERS OF THE GOVERNANCE ADVISORY COUNCIL, GAC ON SOLIDARITY VISIT, AT LAGOS HOUSE, MARINA, ON FRIDAY, 09 AUGUST, 2024.(PHOTOS).#PRESS RELEASE.

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  GOV. SANWO-OLU RECEIVES MEMBERS OF THE GOVERNANCE ADVISORY COUNCIL, GAC ON SOLIDARITY VISIT, AT LAGOS HOUSE, MARINA, ON FRIDAY, 09 AUGUST, 2024


"Today, I met with the Governance Advisory Council (GAC), and we engaged in discussions regarding the management of security and other critical affairs of the State during the recent protests. I was pleased to receive commendations for our proactive approach and level of engagement with stakeholders across the State. 


The GAC acknowledged the effectiveness of the people-centric policies we have implemented, such as the ‘Ounje Eko’ Scheme, which aims to enhance food security for our citizens, and the transport palliative measures designed to alleviate the burden of transportation costs. 


They also recognized significant developmental initiatives currently underway across the State; key projects such as the Blue and Red Line Transit Projects, as well as the construction of Massey Children’s Hospital, which will provide essential healthcare services to our youngest residents.


This meeting not only reinforces our commitment to transparency and accountability but also serves as a vital opportunity to reflect on our achievements and strategize further improvements for the welfare of our citizens".-Gov. Sanwo-Olu. 

More photos below. 





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