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
Post a Comment

PRESIDENT BUHARI RECEIVED LETTERS OF CREDENCE FROM 3 DIFFERENT AMBASSADORS TODAY+SEEKS SUSTAINED SUPPORT FROM INTERNATIONAL COMMUNITY.{PHOTOS}.

-

    Today at the State House, Abuja, President Muhammadu Buhari received Letters of Credence from:
a) Ambassador of The Netherlands to Nigeria;
b) Ambassador of Lebanon to Nigeria;
c) High Commissioner of Botswana to Nigeria.
President Muhammadu Buhari Tuesday in Abuja reiterated the need for sustained financial, technical and capacity building support from the international community to mitigate the adverse effects of climate change in the country.
Receiving a Letter of Credence from Mr Robert Jan Petri, the Ambassador of Netherlands to Nigeria, President Buhari said Nigeria would continue to vigorously pursue the replenishment of the Lake Chad Basin, which has dried up to 10 percent of its original size.
''With the population growth in Nigeria and the drying up of the Lake Chad, we have to move faster and adapt to the impacts of climate change through technological solutions, '' the President said.
The President told the Dutch Ambassador that following Nigeria’s active participation in UN-organized Climate Change conferences in 2015, 2016 and 2017, the Nigerian government successfully hosted a high-level international conference on Lake Chad in February 2018.
President Buhari noted that the high-level conference provided an opportunity to push further options to restore the Lake Chad, including the inter-basin water transfer project from Ubangi River in Central Africa to the Lake.
On agriculture, the President welcomed the interest by some Nigerian doctoral students studying in the Netherlands on developing the sector through research and innovation, particularly the livestock sector.
In separate remarks, while receiving the Letter of Credence from the High Commissioner of the Republic of Botswana, Mr Pule Mphothwe, President Buhari commended the Southern African country for its consistent support to Nigeria in the international fora.
Recounting Nigeria’s leadership role in the liberation of African countries from colonial domination, the President said: ''It is a national duty to support our African brothers in their time of need.''
The President who also received Letter of Credence from Mr Houssam Diab, Ambassador of Lebanon to Nigeria, commended Lebanon for successful parliamentary elections, commitment to stability and security in the Middle East, as well as assistance to Syrian refugees.
In their separate remarks, the Ambassadors while highlighting the existing and cordial relations between Nigeria and their countries, called for increased trade and economic cooperation.
The Dutch Ambassador said, ''we are in the process of intensifying our cooperation, particularly on agriculture where we can offer our expertise, being the second largest exporter of food after the United States.''
Notably, the Botswana High Commissioner told President Buhari that several companies from his country had indicated interest to invest in Nigeria’s mining, agriculture, sports and creative arts sectors.
''Sequel to the visit to my country (Botswana) by your predecessor in 2011, there is a great desire for my President to visit Nigeria,'' Amb. Mphothwe said.
FEMI ADESINA
Special Adviser to the President
(Media & Publicity)
May 8,2018.
More photos below.
Image may contain: 1 person, standing and indoorImage may contain: 1 person, standing and indoor

Comments

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).

-
Image
Innoson Gives Out Brand New IVM G5 and Salary For Life To The Man Who Prophesied About His Vehicle Manufacturing In 1979.  Last Saturday, July 22nd the Chairman of Innoson Vehicle Manufacturing Company Ltd, Chief Dr Innocent Ifediaso Chukwuma OFR gave out a brand new Innoson IVM G5 to Mr Ikechukwu Osakwe popularly known as Osabros who prophesied to him in 1979 that he would be the first man in Africa to manufacture vehicles and sell to different African countries.  The prophecy was given at the period the then Innocent Chukwuma could not boast of a car, talk less of manufacturing one. According to Dr Chukwuma during the presentation of the car, he recalled on how Mr Ikechukwu Osakwe all the way from Kano blocked him at the front of his house early in the morning and told him he has a message for him.  Mr Osakwe went on to narrate a dream he had about him, how he saw in the said dream his vehicle manufacturing company known as CAP PLC. "He told me that CAP means Chukwuma Automobil
Read more

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

-
Image
             Gerard Pique,welcomed their first child into the world last year January.Shakira told the magazine that ''I think it takes two to keep it passionate in relationships,a lot of laughter and a lot of fun moments together,that's essential but also affinity,you know.You have to be compatible.I'm really happy where i am right now,with the person that i'm with right now.He seems to want the same things i want,and that's very important''.More pictures below.                                                                                                                    
Read more

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

-
Image
  SSANU, NASU threaten strike over withheld salaries The Joint Action Committee of the Senior Staff Association of Nigerian Universities and the Non-Academic Staff Union of Educational and Associated Institutions have threatened to disrupt industrial peace in universities should the government fail to release the withheld salaries of members. The salaries were seized by the administration of former President Muhammadu Buhari during their strike in 2022. The unions, in a joint letter signed on Friday by the President of SSANU, Muhammed Ibrahim and General Secretary of NASU, Peters Adeyemi, questioned the rationale with which the government released four months withheld salaries to members of the Academic Staff Union of Universities but failed to release the withheld salaries of non-academic staff. The unions noted that they would no longer be able to assure the government of industrial peace in universities should the amounts owed by the government are not released. Earlier, the unions
Read more