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

EDO GOVERNORSHIP ELECTION: PDP EXTENDS SALE OF NOMINATION FORM.{PHOTO}.#PRESS RELEASE.

Image may contain: text
     May 29, 2020
Press Statement
Edo Governorship Election: PDP Extends Sale of Nomination Form
The Peoples Democratic Party (PDP) extends the sale of nomination forms for the Edo state governorship election.
By this, the party extends the last day for the sale of nomination forms from the earlier announced date of Friday, May 29, 2020 to a new date of Monday, June 1, 2020.
Consequently, the submission of nomination forms for the Edo state governorship election is now extended from the earlier announced date of Tuesday, June 2, 2020 to Wednesday, June 3, 2020
All leaders, governorship aspirants, critical stakeholders and members of our great party in Edo state should be guided accordingly.
Signed
Kola Ologbondiyan
National Publicity Secretary
Image may contain: text

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).