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
The Council's Communication Manager,Mr Desmond Omovie,made the disclosure to NAN today Friday in Lagos.According to him,the event is part of efforts by the council to identify with and honour such students that have acquired UK education.''In some few months from now,we will be organising an alumni event,basically for Nigerians who have been to the UK to study and now are back to contribute their quota to the country's development.You know each time we have Nigerian students going over to the UK to study,we usually encourage them to go back home at the end of their courses and see how they can plough back their knowledge and experience back to the society''.Joke Silver is not the only one to be honoured,Prof Wole Soyinka and other Nigerians who had been to the UK to sturdy will be honoured too.One more photo below. 
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