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
Nigerian Senate President Bukola Sariki took to his social media to congratulate Hon Minister of Environment,Amina J. Mohammed @aminajmohammed} on her appointment as the United Nations {UN} Deputy Secretary General.He wrote ''I congratulate Hon Minister of Environment,Amina J. Mohammed oh her appoint as the the United Nations {UN} Deputy Secretary General.The appointment at the UN is a testament of her competence,and an acceptance by the global community of her ability as a reformer.She has demonstrated over the years that she is in a class of her own as a technocrat.In her tenure at the Environment Ministry,which is exactly one year today,we have seen and felt her positive impact at the helm of its affairs.I urge Hon Mohammed to use her new position to demonstrate the urgency for more international intervention and donations in the North East.On our part,the National Assembly will continue to support all positive development strides of the UN,with the belief that such initiatives will better the lives of Nigerian citizens''.
Comments
Post a Comment