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

ECOWAS NEEDS TO RUN A LEANER, SMARTER ORGANISATION, SAYS PRESIDENT BUHARI+HE PRESIDES OVER PFI MEETING TODAY.{PHOTOS}.#PRESS RELEASE.

Image may contain: 2 people, people smiling, people standing
     President Muhammadu Buhari presided over a meeting on the Presidential Fertilizer Initiative (PFI).The Meeting brought together Government officials and the private sector (Investors, Senior Execs of Fertilizer Companies and Financial Institutions).


President Muhammadu Buhari said Friday that the Economic Community of West African States, ECOWAS, must run a leaner and smarter organisation by cutting costs and becoming more efficient to achieve the objectives of the sub-regional body.Speaking while receiving the new President of the ECOWAS Commission, Mr Jean Claude Brou at the State House, Abuja, the President also called on the member states of the organisation to pay their annual contributions as and when due.
President Buhari said a lot of work had already been done towards cutting running cost for which a committee had recommended the reduction of the number of commissioners, and a drastic reduction in the cost of keeping them in office.
“We must work towards limiting costs, keeping the number of statutory positions low and running the organisation more efficiently,” he said.
The Nigerian leader, while welcoming the new President of the ECOWAS Commission to Abuja, pledged the full support of the government of Nigeria in ensuring that his tenure was successful.
According to President Buhari, “The task is enormous. The job is not easy, given the many challenges facing the sub-region, ranging from issues of security and that posed by the environment, including the shrinkage of the Lake Chad.”
He however, stressed the full commitment of Nigeria working with other ECOWAS member countries, towards finding lasting solution to the problems.
In his remarks, Mr Brou, said he had come to inform President Buhari that he had assumed office at the ECOWAS Secretariat in Abuja from this week, and fully prepared to address priority issues such as the common currency, restructuring of the organisation and the pending issue of new memberships.
He also presented a special message from the Ivorian President, Alassane Ouattara to President Buhari and condoled him on the recent deaths of his family members.
GARBA SHEHU
Senior Special Assistant to the President
Media and Publicity  
March 2, 2018
More photos below.
Image may contain: 10 people, people smiling, people standing

Comments

  1. I think everything published made a ton of sense. But, what about this?
    suppose you were to create a awesome title? I mean, I don't want
    to tell you how to run your blog, but suppose you added something that grabbed a person's attention? I mean "ECOWAS NEEDS TO RUN A LEANER, SMARTER ORGANISATION, SAYS PRESIDENT BUHARI+HE PRESIDES OVER PFI MEETING TODAY.PHOTOS.#PRESS RELEASE." is kinda plain. You ought to glance at
    Yahoo's home page and see how they create post titles to grab people to click.

    You might add a related video or a pic or two to grab readers interested about
    everything've written. In my opinion, it might make your posts a little livelier.

    ReplyDelete

Post a Comment

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).