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. SANWO-OLU RECEIVES UK SECRETARY OF STATE FOR FOREIGN AFFAIRS, COMMONWEALTH & DEVT. AFFAIRS, HON. DAVID LAMMY AT LAGOS HOUSE, MARINA, ON MONDAY, NOVEMBER 4TH, 2024.(PHOTOS).#PRESS RELEASE.


 GOV. SANWO-OLU RECEIVES UK SECRETARY OF STATE FOR FOREIGN AFFAIRS, COMMONWEALTH & DEVT. AFFAIRS, HON. DAVID LAMMY AT LAGOS HOUSE, MARINA, ON MONDAY, NOVEMBER 4TH, 2024


 Today, I welcomed Rt. Hon. David Lammy, the UK Secretary of State for Foreign Affairs, Commonwealth, and Development Affairs, to Lagos House, Marina.


Hon. Lammy praised our developmental progress in Lagos, particularly in transportation, the environment, and infrastructure. He also highlighted the need for increased collaboration between London and Lagos.


I shared that our Greater Lagos vision aims to establish our city as a global economic hub, which drives our developmental strategy outlined in the THEMES+ agenda.


I reaffirmed our commitment to nurturing the creative economy, advancing infrastructure development, and implementing sustainable environmental policies.


 


Governor of Lagos State, Mr. Babajide Sanwo-Olu and UK Secretary of State for Foreign Affairs, Commonwealth & Development Affairs, Hon. David Lammy during a courtesy call by the UK Secretary of State at Lagos House, Marina, on Monday, 4 November 2024


 


l-r: UK Secretary of State for Foreign Affairs, Commonwealth & Development Affairs, Hon. David Lammy receiving a Lagos State government plaque from Governor Babajide Sanwo-Olu, during a courtesy call by the UK Secretary of State at Lagos House, Marina, on Monday, 4 November 2024


 


l-r: UK Secretary of State for Foreign Affairs, Commonwealth & Development Affairs, Hon. David Lammy admiring an Eyo statue presented to him by Governor of Lagos State, Mr. Babajide Sanwo-Olu, during a courtesy call by the UK Secretary of State at Lagos House, Marina, on Monday, 4 November 2024


 


l-r: UK Secretary of State for Foreign Affairs, Commonwealth & Development Affairs, Hon. David Lammy; Governor of Lagos State, Mr. Babajide Sanwo-Olu; Deputy Governor, Dr. Obafemi Hazmat; Secretary to Lagos State Government, Barr. 'Bimbola Salu-Hundeyin; British High Commissioner, Mr. Richard Montgomery during a courtesy call at Lagos House, Marina, on Monday, 4 November 2024. Behind are Commissioners for the Environment & Water Resources, Mr. Tokunbo Wahab and Economic Planning & Budget, Mr. Ope George.


 


Governor of Lagos State, Mr. Babajide Sanwo-Olu, flanked by the UK Secretary of State for Foreign Affairs, Commonwealth & Development Affairs, Hon. David Lammy (left), Deputy Governor, Dr. Obafemi Hazmat (right) with entourage of the UK Secretary of State and some members of the Lagos Executive Council, during a courtesy call at Lagos House, Marina, on Monday, 4 November 2024.

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