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

NIA DG: FACTS OF THE MATTER,A LOT OF HALF TRUTHS.-FEMI ADESINA.#STATE HOUSE PRESS RELEASE.

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     A lot of half-truths, misinformation, and outright falsehood have attended the announcement of a new Director-General for the National Intelligence Agency (NIA), in the person of Mr Ahmed Rufai Abubakar .
Some of such unfounded stories include that Abubakar had retired from the services of NIA as an Assistant Director, because he failed promotion examinations twice, and had to quit, willy-nilly. Others claim he is married to a Moroccan, and so cannot hold such sensitive security position, while others say he was born and bred in Chad, and he holds dual nationality. All these have been widely disseminated on the social, and some mainstream media. With the formal assumption of office by Mr Abubakar, it is now necessary to set the facts straight.
The new NIA DG retired from Foreign Service as Deputy Director (not Assistant Director) and three times during his career, had won Merit Award for competence and meritorious service. Failing promotion examination can only exist in the fecund minds of fiction writers. His last position before the new appointment was as Senior Special Assistant to the President on Foreign Affairs/International Affairs where again he quietly proved himself.
Abubakar's parents hailed from Katsina State, and had settled in Chad at a point in their lifetime. The new DG did his primary school in Ndjamena (then Fort-Lamy), but returned to Nigeria for his secondary and University education. He never at any time held Chadian nationality.
Mr Abubakar's only wife hails from Katsina State, indeed, from the same community as the husband. The story of being married to a Moroccan can only be tale by moonlight, concocted by people who love a fib.
The President appointed the new DG because he had worked closely with him in the past two years, and sincerely believes that he would add value to the NIA.
Femi Adesina
Special Adviser to the President
(Media and Publicity)
January 28,2018.
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