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 CONDEMNS INTERNECINE VIOLENCE IN KADUNA, URGES STAKEHOLDERS TO EMBRACE MEDIATION.#PRESS RELEASE.

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   President Muhammadu Buhari has urged the actors in the communal and persistent violence in Kaduna State to come to terms with the fact that mutual violence has no winners, but losers on both sides of the conflict.
Reacting to the endless carnage in Kaduna State on Saturday, President Buhari said, "I am deeply troubled by the fact that sanctity of life is now treated with such reckless disregard that people derive joy in shedding the blood of others or perceived enemies."
According to the President, "inhumanity has replaced compassion in the hearts and minds of the perpetrators of these atrocities."
"No responsible leader would go to bed happy to see his citizens savagely killing one another on account of ethnic and religious bigotry", he further noted sadly.
According to President Buhari, "Violence cannot be the solution to these persistent conflicts as long as people resort to deliberate provocations, revenge and counter revenge."
He said that, "While the government remains committed to protecting its citizens, the communities involved must also put their shoulder to the wheel in order to find a lasting solution."
President Buhari noted that "lack of cooperation by those involved might frustrate government's efforts towards finding a lasting solution, especially if those efforts are politicised."
According to the President, "If the people resist government's efforts to hold the perpetrators and their sponsors accountable, it would be very difficult to bring the violence to a permanent end."
President Buhari regretted that "everything is politicised in Nigeria, including the efforts to bring offenders to justice, because their people will rise up in arms to resist their arrests and prosecution."
He described hate, bigotry and prejudice as "deadly poisons that have infected the human psyche on such scale that people now don't have any moral inhibitions about taking life."
The President also appealed to the warring communities to stop inhibiting the National Emergency Management Agency, NEMA’s efforts to deliver food, medicines and temporary shelter to the victims of the violence who are in urgent need of assistance.
Garba Shehu
Senior Special Assistant to the President
(Media & Publicity)
March 16, 2019.
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