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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2027: LP WILL TAKE OVER LAGOS, APC HAS FAILED WOEFULLY- RHODES-VIVOUR VOWS. (PHOTO).

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 2027: LP Will Take Over Lagos, APC Has Failed Woefully — Rhodes-Vivour Vows


Rhodes-Vivour made the declaration while fielding questions from newsmen in Umuahia, Abia State capital, where he attended an extended stakeholders’ meeting of the Labour Party.


The 2023 Labour Party, LP, governorship candidate in Lagos State, Gbadebo Rhodes-Vivour has made a vow.

 

The politician vowed to see the Labour Party take over power in Lagos in 2027.


Rhodes-Vivour made the declaration while fielding questions from newsmen in Umuahia, Abia State capital, where he attended an extended stakeholders’ meeting of the Labour Party.

 

According to him, the party had been made more formidable to take over Lagos State, adding that it has been strategising and consolidating on its gains since its impressive outing in Lagos during the 2023 polls, where it swept the former Nigerian capital during the presidential poll.

 

The former governorship flag bearer expressed satisfaction over the outcome of the party’s stakeholders’ meeting in Umuahia, saying that the future of the party has been brightened.

 

He said, “LP is now well structured, not just to win but to take power in 2027. What we have come to do here in Umuahia is to bring everybody on the same page. We are set for new victories in 2027.


“I believe the Labour Party will win Lagos State more convincingly in 2027. Since after the 2023 elections, work has not stopped; we have not gone quiet. Every day, we are getting stronger and stronger.


“So, we are not just going to win but stand up and take power.”

 

Rhodes-Vivour also accused the ruling All Progressives Congress, APC, of maladministration, saying its abysmal performance has made it much easier for the Labour Party to sweep both Lagos and the country in 2027.

 

He said the excruciating economic hardship and growing hunger in the land are clear testimonials of the ineptitude of the ruling party at the center.

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