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

TRIBUNAL JUDGMENT IS VICTORY FOR NIGERIANS, SAYS PRESIDENT BUHARI.{PHOTO}.#PRESS RELEASE.


     Related image      President Muhammadu Buhari says the ruling of the Presidential Election Petition Tribunal on the February 23, 2019 poll, is victory for Nigerians who trooped out to overwhelmingly elect him for a second term in office.
“Good conscience fears no evil report. I was unperturbed all along, because I knew Nigerians freely gave us the mandate. We are now vindicated,” the President declares.
He dedicates the victory to God, and to Nigerians, while also commending the judiciary for “dispensing justice without fear or favour.”
President Buhari extends a hand of fellowship to those who had felt aggrieved at the outcome of the election, and went to court, noting that it was within their democratic rights.
He notes, however, that with the pronouncement of the judiciary, “it is time for the country to move forward as one cohesive body, putting behind us all bickering and potential distractions over an election in which Nigerians spoke clearly and resoundingly.”
Femi Adesina
Special Adviser to the President
(Media and Publicity)
September 11, 2019.
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