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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PRESIDENT BUHARI MOURNS REV. MOSES ILOH TODAY.{PHOTOS}#PRESS RELEASE.

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     President Muhammadu Buhari is deeply saddened to learn of the passing of Reverend (Dr) Moses Iloh, the General Overseer of Soul Winning Chapel.
President Buhari extends his heartfelt condolences to Rev Iloh’s family, friends, associates and the Christian community in Nigeria, who mourn the demise of an exceptional statesman and religious leader.
The President affirms that the faith-based community and the nation will immensely miss the bold cleric who throughout his public life and ministry abhorred corruption, promoted morality and influenced his followers to seek righteousness that truly exalts a nation.
The President trusts that Rev Iloh – the philanthropist, labour leader, humanist, sportsman, and great teacher of the gospel- will be long remembered and honoured as a worthy patriot who stood for social justice, peace and truth.
President Buhari urges all who mourn Dr. Iloh, who has left a worthy and commendable legacy for other patriotic Nigerians to build upon, to always be inspired by his deep love, devotion and dedication to humanity.
The President prays Almighty God to grant the deceased eternal rest and comfort all those he left behind.
Femi Adesina
Special Adviser to the President
(Media & Publicity)    
September 16, 2018
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