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 SENDS FOREIGN MINISTER TO GUINEA BISSAU, BENIN REPUBLIC TODAY.#PRESS RELEASE.

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No photo description available.
     In his capacity as Chairman, ECOWAS Authority of Heads of State, Pres Buhari, this morning, directed Minister of Foreign Affairs, Geoffrey Onyeama to undertake an urgent mission as his Special Envoy to Guinea Bissau, in the company of ECOWAS Commission President,Jean-Claude Brou.
President Muhammadu Buhari had in response to an urgent request for assistance by the Government of Guinea Bissau graciously approved support to the country's election process including 350 units of electoral kits, 10 motorcycles, 5 Hilux vans, 2 light trucks and US$500,000. This vital assistance ensured that legislative elections held in Guinea Bissau, which should help in stabilizing the country.
In a separate development, Nigeria’s Foreign Minister will also undertake a mission to Cotonou, Benin, to deliver a personal message to President Patrice Talon from President Buhari. The visit is in the context of the brewing political crisis ahead of April 28, 2019, legislative elections in the country.
No photo description available.

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