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 APPROVES NATIONAL CEMETERY AS JUSTICE KUTIGI’S FINAL RESTING PLACE.#PRESS RELEASE.

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      President Muhammadu Buhari has paid tribute to former Chief Justice of Nigeria, late Justice Muhammed Idris Legbo Kutigi, hailing his contributions to the evolution of the country’s jurisprudence.
The President, while also honouring the late CJN by authorizing his burial at the National Cemetery, Abuja, said the nation will not forget the hard work and dedication of the eminent jurist.
The National Cemetery is reserved for the nation’s fallen heroes and it requires discretionary approval of a sitting President for a citizen to be given a final resting place in its grounds.
President Buhari had sent a government delegation led by his Chief of Staff, Abba Kyari to represent him at the funeral prayer at the National Mosque, Abuja and thereafter, the burial at the National Cemetery.
Other members of the Presidential delegation were the Attorney-General and Minister of Justice, Abubakar Malami, SAN, the Minister of the Federal Capital Territory, Muhammed Bello and the Minister of Education, Adamu Adamu.
The government delegation had also paid a condolence visit to the widows and other family members of Justice Kutigi at his residence in Asokoro, Abuja.
GARBA SHEHU
Senior Special Assistant to the President
(Media and Publicity)    
October 24, 2018
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