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 SYMPATHISES WITH VICTIMS OF JOS BUILDING COLLAPSE, EXPRESSES CONCERN ABOUT SAFETY STANDARDS.{PHOTOS}.#PRESS RELEASE.

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      President Muhammadu Buhari has condoled with the families of the victims of the building collapse in Jos, Plateau State, which claimed lives.
According to figures released by National Emergency Management Agency (NEMA), 14 persons have so far died in the collapsed three-storey building in Delimi Community of Jos North Local Government Area of Plateau.
Reacting to the incident, President Buhari said he was greatly shocked at the unfortunate loss of lives and wished those injured quick recovery.
Commiserating with the survivors of the accident and families of the dead, President Buhari said:
"I feel your pains at this difficult moment and my prayers, thoughts and empathy are with you as you struggle to overcome the shock of this misfortune."
While praying to God to comfort everyone affected by the sad incident, the President urged stakeholders in the building industry to find a lasting solution to the frequent incidents of building collapse across the country.
According to the President, "there is the urgent need to address the issue of enforcing safety standards in our buildings in order to forestall future tragedies."
Garba Shehu
Senior Special Assistant to the President
(Media & Publicity)
July 16, 2019.
More photos below.
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