INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).
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
It has come to our notice that Pastor Osinbajo is campaigning in buses,ahead of 2015 elections.Yesterday thursday,it was reported with these picture as evidence that Pastor/Professor Osinbajo is campaigning hard for his place as the V.P president under the APC.He took the Lagos state Bus Rapid Transport Bus,popularly known as the BRT bus that plies from Tafawa Balewa Square on the Island to Barracks in Surulere,during which he interacted with passengers,selling the APC agenda and telling the passengers that the APC agenda would make a difference in Nigeria,when elected in February 2015.He said his aim was to get direct feedback from the masses on policies.Osinbanjo was involved in the drafting of the APC manifesto.Since we are practicising democracy in Nigeria,let me ask these question.Is Osinbajo campaigning for the manifesto because he also drafted it or for the better-ment of Nigerians?.Nigerians vote wisely.
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