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

EMIR OF QATAR PAID PRESIDENT BUHARI A COURTESY VISIT TODAY.{PHOTOS}.

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     President Muhammadu Buhari received Emir of Qatar, HH Tamim Bin Hamad at the State House, Abuja today.

UPDATED:
PRESIDENT BUHARI RALLIES QATAR ON INVESTMENTS, RECHARGE OF LAKE CHAD
Investments in sectors like petroleum, power, aviation, agriculture, railways, and many others, featured prominently as President Muhammadu Buhari hosted the Emir of Qatar, His Highness Sheikh Tamim bin Hamad Al-thani, at State House, Abuja, on Tuesday.

Also on the front burners was the recharge of Lake Chad with water from the Congo Basin, so as to grant succour to the more than 30 million people adversely affected by the shrinkage of the lake over the years.

"We invite you to invest in our refineries, pipelines, power sector, aviation, agriculture, education, and many others, so that you can have your management here to oversee the investment. We need your expertise," President Buhari said.

On the receding Lake Chad, he said of the over 30 million people affected, more than half were in Nigeria, and it has contributed greatly to illegal migration, as innumerable youths dare the Sahara Desert and the Mediterranean Sea, in order to find safer shores in Europe. A large number die in the process.
"We need help with the recharge of Lake Chad, as it is not a project that the concerned countries can handle alone," President Buhari said, adding: "Recharging the lake will bring back fishing, farming, animal husbandry, and the youths won't be attracted by insurgency or illegal migration. We want Qatar to be involved because of the humanitarian nature of the endeavour."
Sheikh Hamad Al-thani said he was honoured and happy to be in Nigeria for the first time, stressing it was a reciprocal visit to the one paid to Qatar in 2016 by President Buhari.
"The relationship between our countries is very good. We just have to build on it," the emir said. "We share a lot of similarities in different areas. We need to enhance bilateral trade and economic cooperation. We are willing to do a lot more with Nigeria, and will continue to work on investment opportunities of mutual benefit," he added.
Femi Adesina
Special Adviser to the President
(Media and Publicity)
April 23, 2019.

More photos below.
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