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 MOURNS FORMER ZIMBABWEAN PRESIDENT ROBERT MUGABE.{PHOTOS}.#PRESS RELEASE.

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     On behalf of the Federal Government, President Muhammadu Buhari sends condolences to the government and people of Zimbabwe over the passing of the founding father and former President, Robert Mugabe, 95.
The President commiserates with family members, friends and political associates of the political activist who fought for the independence of the country from colonial rule, and lived most of his life in public service.
President Buhari believes Mugabe's sacrifices, especially in struggling for the political and economic emancipation of his people, will always be remembered by posterity.
He prays that the Almighty God will grant the soul of the former president rest and comfort his loved ones.

Femi Adesina
Special Adviser to the President
(Media and Publicity)
September 6, 2019.
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