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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NO CAUSE FOR WORRY OVER NNAMDI KANU’S OUTBURST, SAYS PRESIDENCY.#PRESS RELEASE.

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     Image result for nnamdi kanu   The Presidency wishes to restate that Nigeria under President Muhammadu Buhari is strong enough to defend its territory against any threat, assuring all Nigerians that there is no reason to worry about the hollow outburst by Nnamdi Kanu, the disputed leader of IPOB on returning to the country “with hell’’.
Instead, we see the re-enactment of his bizarre, episodic threat as a mere distraction which will not be allowed to detract from the existing cordial relations between Nigeria and other countries.

The Buhari administration is in constant touch with other friendly nations and has the best assurances that they would continue to reciprocate the respect Nigeria has for the sovereignty of their nations.
Nigerians have nothing to fear from this.
Garba Shehu
Senior Special Assistant to the President
(Media & Publicity)   
October 23, 2018
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