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
A speech delivered yesterday 11th of October 2016,by Charge d' Affaires David Young at the US Embassy Abuja,to Mark the International day for the Girl Child.In one paragraph from David's speech,he said ''When we think of the future of Nigeria,this is especially important.Think for a moment,Nigeria's population is growing rapidly.Currently there are roughly 180 million people in the country.By 2050 the number of people is expected to grow to roughly double,to some 350 million people.Half of these are female.What are we doing to make a better future for girls who we want to grow up to be the women of Nigeria tomorrow?.Then in another paragraph he said ''We need to help girls across this country,from all walks of life,not only in crisis.They need the opportunity to grow up safe and healthy,free from violence and abuse.They need the chance to be educated,to make decisions for themselves about their destinies,what they want to do in life,who they want to love,how they will live,and what they will believe''.More photos below.
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