INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

Image
  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

SANUSI II SPOTTED LEAVING NASARAWA FOR ABUJA WITH GOV. EL-RUFAI.{PHOTOS}.

Image may contain: 1 person, sitting
    Governor El-Rufai and HH Muhammadu Sanusi II have now departed Awe, Nasarawa state for Abuja.
The dethroned Emir of Kano, Muhammad Sanusi, has departed Awe in Nasarawa State with the Kaduna State Governor, Nasiru El-Rufai.
This comes after a Federal High Court sitting in Abuja granted an interim order releasing Sanusi from detention.
Justice Anwuli Chikere granted the order in line with the prayers on the exparte motion filed on behalf of the deposed Emir by Mr. Lateef Fagbemi SAN.
The former Emir had on Thursday approached the court seeking an interim order of the court directing his immediate release from detention.One more photo below.
Image may contain: 2 people, people sitting

Comments

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

SSANU, NASU THREATEN STRIKE OVER WITHHELD SALARIES. (PHOTO).