INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

Image
  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

NIGERIANS MOURN THE DEATH OF ONE OF AFRICA'S FINEST NOVELIST ELECHI AMADI,WHO PAST AWAY YESTERDAY.

                          One of Africa's finest novelist,poet and dramatist Captain Elechi Amadi died yesterday at the Good Heart hospital in Port Harcourt at the age of 82.A member of the family confirmed the development yesterday to some pressmen.Elichi Amadi is said to have been among the first generation of African writers and novelists.Some of his works include The Concubine,The Great Ponds,Isiburu,Sunset in Africa,Dance of Johannesburg,peppersoup,The Road to Ibadan,The Slabes,Estrangement and the Woman of Calabar''.Funny enough i have read almost all his book.Adieus Captain Elechi Amadi,may you rest in the house of God Amen.More photos below.                                  

Comments

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

SSANU, NASU THREATEN STRIKE OVER WITHHELD SALARIES. (PHOTO).