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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I WILL DO MORE IN MY SECOND TERM – PRESIDENT BUHARI,AS HE RECEIVES AREWA CONSULTATIVE FORUM TODAY.{PHOTOS}.#PRESS RELEASE.

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    Following the renewal of his tenure, President Muhammadu Buhari has pledged to work harder to consolidate on providing security, improving the economy, creating jobs, fighting corruption and upgrading infrastructure.
Speaking at the State House, Abuja on Wednesday when he received the leadership of the Arewa Consultative Forum, ACF, on a courtesy visit, President Buhari said:
"This is my last lap. I will try and work even harder than I have done. I assure you that I will not let you down. I pray that my best will be good enough."
The President, who thanked members of the ACF for their consistent and dogged support, said he remained appreciative of their goodwill.
Speaking on behalf of the ACF, the Chairman of the Board of Trustees, Mallam Adamu Fika, said the organisation had visited to congratulate President Buhari on his re-election.
Recalling some strategic projects important to the North and the country as a whole abandoned up until 2015 such as the Baro Dry Port and Mambilla Hydro Power station, Mallam Fika said:
"It is pleasing to note that since then, the Baro Dry Port has been commissioned, while some other projects have been reactivated and are now being implemented."
"We pray that those organs of government charged with the responsibility for the implementation will double their efforts to ensure that these projects are executed fully to their logical conclusion within reasonable time," he added.
Garba Shehu
Senior Special Assistant to the President
(Media and Publicity)
March 6, 2019.
More photos below.
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