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

DANGOTE DONATED 150 PATROL VEHICLES TO THE POLICE AS V.P. OSINBAJO INAUGURATES IT TODAY.{PHOTOS}.

Image may contain: 4 people, people smiling
    Vice President, Federal Republic of Nigeria, Prof. Yemi Osinbajo inaugurates 150 patrol vehicles donated to the Nigeria Police Force by the Aliko Dangote Foundation, today Wednesday, 30th May, 2018 at the Eagle Square, Abuja.More photos below.
Image may contain: car, sky and outdoorImage may contain: 1 person, standingImage may contain: 5 people, people smiling, people standingImage may contain: 2 people, people smiling, text
Image may contain: 1 person, car and outdoorImage may contain: 2 people, people standing and car

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).