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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PRESIDENT TINUBU GREETS POLITICAL ALLY, CHIEF HENRY AJOMALE AT 80.(PHOTO).#PRESS RELEASE.

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 STATE HOUSE PRESS RELEASE


PRESIDENT TINUBU GREETS POLITICAL ALLY, CHIEF HENRY AJOMALE AT 80

 

President Bola Tinubu congratulates Chief Henry Ajomale, the former chairman of the Action Congress (AC), Action Congress of Nigeria (ACN), and the All-Progressives Congress (APC) in Lagos State, on his 80th birthday.  

 

President Tinubu rejoices with the lawyer, businessman and political ally, who also served as Commissioner for Special Duties in Lagos State during the President's tenure as governor.  

 

The President acknowledges Chief Ajomale’s lifetime of service, selfless leadership and immense contributions to the state and the nation. 

 

He believes that Chief Ajomale’s remarkable leadership qualities have been evident since his early days as a student union leader and have shone through his work in the courtroom, boardroom, political arena, and active membership of Lagos State's well-respected Governance Advisory Council (GAC).  

 

As family, friends, political associates and well-wishers celebrate Baba Ajomale, President Tinubu prays for the continued well-being of the octogenarian and all members of his household.  

 

Bayo Onanuga  

Special Adviser to the President  

(Information & Strategy)  

October 4, 2024

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