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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ATTACKS ON NIGERIANS RECKLESS, RUN AGAINST IDEALS SOUTH AFRICAN LEADERS FOUGHT FOR, SAYS OSINBAJO.{PHOTO}.#PRESS RELEASE.

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    *VP adds: the violence unfortunate, recalling Nigeria's role in pulling down apartheid
Vice President Yemi Osinbajo, SAN, spoke to reporters in Kano, just now, answering questions on the xenophobic attacks against Nigerians in South Africa. Below are his verbatim comments:
"Let me say first that these recent attacks are condemnable. It is very sad and very unfortunate that the lives and livelihoods of Nigerians living in South Africa are once again being destroyed with such wantonness and with such carelessness and recklessness.
"It is unfortunate because Nigeria and Nigerians invested a great deal in the pulling down of apartheid. Besides, these acts of bigotry are entirely contrary to the very ideals that all the great South African leaders, including the present President fought for, and for which many gave their lives.
"Mr President has already spoken about this; and obviously we are very concerned and certainly intend to take this up with the authorities in South Africa in order to ensure that this sort of thing does not repeat itself. This is absolutely unacceptable and unconscionable."
Released by:
Laolu Akande,
Senior Special Assistant to the President on Media and Publicity
Office of the Vice President
3rd September, 2019.
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