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 DELIVER KEYNOTE ADDRESS AT FINANCIAL TIMES AFRICA SUMMIT IN LONDON,TODAY & TOMORROW.

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      *VP's speech to focus on "What Makes Africa Work."
Vice President Yemi Osinbajo, SAN, will be delivering the keynote address at this year's Africa Summit, themed “What Makes Africa Work” taking place in London, United Kingdom from tomorrow the 8th to the 9th of October, 2017.
The Africa Summit hosted by the Financial Times of London is a global forum reputed as one of the leading conferences in the world on African business and economic matters. The newspaper itself has had a relationship with the African continent that stretches back to its opening issue more than 125 years ago.
At the summit which attracts global leaders, economic experts, investors and intellectuals from Africa and around the world, Prof. Osinbajo will discuss the increasing economic prospects in Africa and detail the progress of the Buhari administration, especially through the Federal Government's medium-term Economic Recovery and Growth Plan, ERGP, to the global audience.
The summit which will also include presentations from other leaders and speakers will feature first-hand experiences and interactions from government and business leaders in the continent, while providing credible opportunities and encouraging foreign investments. So far, the yearly event has become a platform for the dissemination of a more accurate and beneficial narrative of the improving economic environment in Africa.The Vice President leaves for London today and is expected back on Monday.
Laolu Akande 
Senior Special Assistant to the President on Media & Publicity
Office of the Vice President
 7th October 2017
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