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 APPOINTS DANIEL AMOKACHI NIGERIA’S FOOTBALL AMBASSADOR.{PHOTO}.#PRESS RELEASE.

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       STATE HOUSE PRESS RELEASE
President Muhammadu Buhari has appointed retired Nigerian professional footballer, former Super Eagles player and Assistant Coach, Daniel Amokachi, Nigeria’s Football Ambassador.
Amokachi, a member of the 1994 Super Eagles Team that won the African Nations Cup in Tunisia, was also in the Nigerian Olympic Football Team to the 1996 Atlanta Olympics that won the Gold Medal.
In addition to his football exploits in Europe, particularly in England where he won the FA Cup with Everton in 1995, Amokachi after retirement has managed Nasarawa United and Enyimba Football Club of Aba.
As Nigeria’s Football Ambassador – a largely ceremonial role – Amokachi will assist the Federal Ministry of Youth and Sports Development to scout for talents, be part of processes to revive the country’s football development, as well as mentor young sports men and women.
Garba Shehu
Senior Special Assistant to the President
Media & Publicity.
No photo description available.

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