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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GOV. ORTOM TO PARTICIPATE IN PEACE, DEMOCRACY FORUM IN U.S.{PHOTO}.#PRESS RELEASE.

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    Benue State Governor, Samuel Ortom and some of his counterparts in other states will participate in a forum on deepening democratic governance in Nigeria scheduled to take place in Washington DC, United States of America, this week.
The forum which will open on Wednesday, November 20, is organised by the United States Institute of Peace, USIP.
The aim of the forum is to engage leading Nigerian, American, and international leaders from government, civil society, business and academia in fostering critical conversations and proferring solutions to Nigeria's governance issues.
In the letter inviting Governor Ortom to the Washington meeting, the Vice President of USIP for Middle East and Africa, Dr Michael Yaffe said the Nigerian Governors and other stakeholders will also deliberate on ways of ending polarisation and conflicts affecting the growth of Nigeria's democracy.
Governor Ortom who is to depart for the United States today will, after the Washington event, proceed to Brazil to attend an economic forum.
The forum which will take place in the Brazilian cities of Rio de Janeiro, Florianópolis and Curitiba has one of the main themes as 'Doing Business In Benue'.
Other areas of focus during the event will be Renewable Energy and Agriculture Value Chain.
The Brazilian Chamber of Commerce, Industry and Services, as well as other investment stakeholders are to play active roles in the 'Doing Business in Benue' forum.
Governor Ortom is expected back in Benue State on November 28.
Terver Akase
Chief Press Secretary
November 18, 2019.
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