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

PRESIDENT BUHARI LOSES PERSONAL BODYGUARD, WO LAWAL MATO.{PHOTO}.#PRESS RELEASE.

Buhari loses bodyguard Lawal Mato in death's second blow - P.M. News
    After three years of struggling with diabetes, one of President Muhammadu Buhari’s bodyguards, Warrant Officer Lawal Mato, on Tuesday passed away.
The President described the officer, who had been working with him for many years before he won the 2015 elections, as “very thorough, trustworthy and dependable soldier who carried out his duty with diligence and focus.’’
President Buhari prayed that Allah will ease his passage to paradise and grant his family, government and people of Jigawa State, the fortitude to bear the loss.
WO Mato was part of a team that former President Umaru Musa Yar’adua restored to President Buhari as personal security and he had been off full duty for three years, treating diabetes.
Garba Shehu
Senior Special Assistant to the President
(Media & Publicity)
April 21, 2020.
Buhari loses bodyguard Lawal Mato in death's second blow - P.M. News

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).