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 DEMANDS TOUGHER ACTION AGAINST SEXUAL ABUSE.{PHOTO}.#PRESS RELEASE.

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     President Muhammadu Buhari says that stricter laws are needed to prevent girls from being abused in our schools.
In his reaction to the recent high profile revelation of sexual abuse cases in institutions of higher learning in the country, President Buhari said he is glad that the incident, exposed through under-cover news reporting at the University of Lagos, has spurred an amendment to our laws regarding the issue in the National Assembly. President Buhari said such proposed amendments passed by the Legislature will get his support as long as they conform to the constitution of the Federal Republic of Nigeria.
“The country must do more to address incidents of sexual violence, sexual abuses in our schools, discrimination, human trafficking and cultural practices that violate women’s rights,” said the President.
He urged law enforcement agencies and school administrators to take up such cases with every seriousness and ensure that perpetrators face the consequences of their actions.
“Survivors and their families must avoid cover up. They should be encouraged to come forth and report cases of abuses wherever and whenever they occur,” the President demanded.
Garba Shehu
Senior Special Assistant to the President
Media and Publicity
October 11, 2019.
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