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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NEMA BRIEFS PRESIDENCY ON ACTIONS TAKEN ON MINNA MARKET FIRE.#PRESS RELEASE.

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No photo description available.
      In response to a presidential directive, the National Emergency Management Agency (NEMA), has mobilised resources to assist the victims of Minna fire disaster which occurred on 4th January, 2019.
Following the brief he received earlier on the incident, the President called on NEMA to provide urgent assistance to the victims, whose economic life was disrupted by the fire disaster.
President Buhari attaches great importance to offering immediate succour to victims of devastating disasters as soon as possible as he believes that the essence of government is to help the people overcome difficulties within the limits of available resources.
NEMA, according to the report presented, had visited the scene of the fire disaster for preliminary damage assessment and thereafter deployed relief items such as building materials and other related items to the affected victims.
Regarding the 2018 flood disaster, NEMA also reported that Niger State had benefitted from FGN humanitarian intervention worth about N250 million, ranging from food, shelter, medicals, emergency water supply and other essential requirements.
The Presidency assures Nigerians that the Federal Government would continue to offer help to victims of fire and other natural disasters within available resources.
Garba Shehu
Senior Special Assistant to the President
(Media and Publicity)
January 13, 2019
No photo description available.

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