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
Senate President,Dr Abubakar Bukola Saraki,yesterday friday,urged the Nigerian Dream Team VI in the men's football event at the ongoing Rio Olympics Games not to give up as a result of their setback in the match against Germany.Saraki in a statement by his Special Adviser on Media and Publicity,Yusuph Olaniyonu,in Abuja,also commended the quartet of Blessing Okagbare,Gloria Asumnu,Jennifer Madu and Agnes Osazuwa,for their qualification for the 4 by 100 metre race finals.He urged them to make Nigeria proud by picking the gold at the finals of the race.He specifically charged the men's football team to ensure that they win the third place match so as to bring home the bronze medal.''Setbacks are part of life,but rising above setbaks makes the champion.I believe you will make the country proud by bringing home the bronze in this final episode of your soccer campaign at Rio.Be assured that any effort you xpend in making this last encounter a successful venture will still be highly rewarding as it will change the story about your performance and take the name of the country a notch higher and in the best of lights.Therefore,I want to urge you to spare no efforts at making sure that you seize this last opportunity to change the narrative of our participation in the football event for the better,'' he stated.He further urged the 4 by 100 relay team to do their utmost to transcend their limitation.''The Gold is yours for grabs.Don't forget that Nigerian athletes have always put forth spectacular performances in this particular track event.So,I urge you to go for gold in this final encounter'',the Senate President added.Saraki also urged Nigerians not to relent in their support and prayers for the nation's flag-bearers in the various competitions until the final whistle.One more photo below.
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