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

Image
  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

ALHASSAN'S OPEN SUPPORT FOR ATIKU'S PRESIDENTIAL ASPIRATION IS A DISAPPOINTMENT-AMOSUN.{PHOTO}.

Image may contain: 1 person
      The Ogun State Governor, Senator Ibikunle Amosun has described the open declaration of the Minister for Women Affairs and Social Development, Senator Aisha Alhassan for the political aspiration of former Vice President Atiku Abubakar as a disappointment.
Speaking to news men in Abeokuta, Amosun, while saluting her courage, said, "though she is entitled to her own opinion at any point in time, but she should have just resigned her appointment because her loyalty cannot be in two places.

"Her falling short of resigning, takes everything away from what she said and it is clear that she will no longer be contributing to the development of the present administration", he added.
Speaking on whether or not the president would run for 2019 Presidential election, the governor said "the only thing that can prevent President Muhammadu Buhari from contesting is if his health cannot take it.
"if not for this present administration, only God knows where Nigeria would have been. When the government came on board, it was like jumping into the pool at the deep end", the governor stated.He scored the Federal Government high in its fight against insurgency, insecurity, corruption as well as efforts at economic recovery through serious diversification drive.
Image may contain: 1 person

Comments

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

SSANU, NASU THREATEN STRIKE OVER WITHHELD SALARIES. (PHOTO).