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

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  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

TERRORIST ATTACKS IN BORNO: WE ARE ON TOP OF THE SITUATION,ACTING PRESIDENT ASSURES NIGERIANS TODAY.

Image result for osinbajo                 Acting President Yemi Osinbajo, SAN, condemns the appalling ambush, attack and abduction of soldiers, and civilians who were carrying out their duties to the Nation in the Lake Chad Basin Frontier Exploration.
The objective of this patriotic exercise is to open up new areas for oil exploration for the common good of all Nigerians. The terrorist attack resulted in a number of deaths of hardworking and innocent Nigerians, and the abduction of some.
Prof. Osinbajo commiserates with the families, relatives and associates of those who lost their lives in the despicable onslaught and wishes the injured speedy recovery.
The Acting President after an emergency meeting with the Military chiefs on Thursday issued fresh directives to the Nigerian military and all security agencies to immediately scale-up their efforts and activities in Borno State in order to maintain a strong, effective control of the situation and secure lives and property.
While commending the military for the progress already recorded with the rescue of some of the abducted, Prof. Osinbajo has also ordered the continuation of search and rescue missions to locate and ensure the freedom of all remaining abducted persons as soon as possible, using all available and expedient means in the circumstances. He adds that justice would be pursued for the victims and against those who engage in this kind of unacceptable, criminal and terrorist conduct.
Acting President Osinbajo pays tribute to the resilience, courage and bravery of officers and men of the Nigerian Armed Forces for their gallant endeavours and sacrifices for the peace, security and territorial integrity of our country. He eulogises the Nigerian soldiers who have paid the ultimate price in this mission and others linked to the current insurgency, and gives a firm assurance that the welfare of the families of the soldiers will be prioritized.
He also commends the diligence of the management and staff of the NNPC, and the lecturers/consultants from the University of Maiduguri in pursuing Federal Government's resolve to grow our country's current crude oil reserve base through potential exploration in the Lake Chad Basin, stressing that the government will by no means be dissuaded.
He said : "some of these extraordinarily selfless Nigerians from the NNPC and the University Of Maiduguri put their lives on the line that we and generations to come will enjoy the resources of this land. We will never forget that sacrifice"
Although pockets of terrorists have been launching attacks recently in Borno State, the Acting President assures the people of the State, the region and indeed all Nigerians, that the FGN is not only on top of the situation, but will define the end of these atrocities by both winning the war and winning the peace in the North-east.
Laolu Akande
Senior Special Assistant on Media & Publicity
Office of the Acting President
30th July,2017.
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