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 BIDS PROF TAM DAVID-WEST FAREWELL.{PHOTOS}.#PRESS RELEASE.

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     President Muhammadu Buhari Wednesday paid glowing tributes to his long-time ally and friend, Professor Tamunoemi Sokari David-West, who served as Minister of Petroleum Resources between January 1984 and August 1985.
At the commendation service for the former minister, held at the Chapel of Resurrection, University of Ibadan, the President said Prof David-West would be sorely missed for his integrity, sense of accountability, and radical opposition to corruption.
President Buhari was represented at the event by Minister of State, Petroleum Resources, Timipre Sylva, and Special Adviser on Media and Publicity, Femi Adesina.
Also at the event were the Governor of Edo State, Godwin Obaseki, renowned academics, politicians, family members and admirers of the eminent virologist, who had attained national and international acclaim.
“The late Professor stood for all that was noble and just,” President Buhari said through his Adviser on Media, adding: “He had an indomitable spirit, stood by whatever he believed in, and was very loyal. May his soul Rest In Peace.”
The President urged Nigerians to emulate the virtues of the former minister, including his scrupulous commitment to scholarship, timeliness and loyalty to motherland.
Prof David-West passed away on November 11, 2019, aged 83.
Attah Esa
Deputy Director (Information)
State House
Abuja.
December 4, 2019.
More photos below.
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