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
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OSINBAJO TO MAMBILLA COMMUNITY LEADERS: IT IS OUR DUTY TO ENSURE THAT ALL OUR PEOPLE ARE SAFE AND SECURE+COMMENDS COMMUNITY LEADERS FOR RESTORING PEACE IN MAMBILLA PLATEAU.

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         OPENING REMARKS BY HIS EXCELLENCY, PROF. YEMI OSINBAJO, SAN, VICE PRESIDENT, FEDERAL REPUBLIC OF NIGERIA, AT A MEETING WITH MAMBILLA PLATEAU COMMUNITY LEADERS, HELD AT THE TARABA STATE GOVERNMENT HOUSE, THURSDAY, AUGUST 24, 2017.
PROTOCOLS
Let me just say how thankful I am to the governor for making this meeting possible. It is an important meeting because I thought it was important for us to interact.
When the crisis broke out some weeks ago, I was Acting President then, I dispatched the Honourable Minister of Internal Affairs to look into it personally and see for himself so as to understand what the issue was, and he was able to give me a full report of all that had transpired.
I am happy to note that things have settled down and things are improving. And I want to thank you all, the leaders from that local government, for the leadership that you have shown.
The most important thing for our people is the security of lives and property, as well as having food on their tables. Our people already have enough problems as it is. And I believe that it is our role as leaders to ensure that all our people are safe and secure, and that we provide that security as much as we can.
Released by:
Laolu Akande
Senior Special Assistant to the President, Media & Publicity
Office of the Vice President.
August 25, 2017
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