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 GREETS SOUN OF OGBOMOSO AT 94.[PHOTO}.#PRESS RELEASE.

My business suffered when I became king–Soun of Ogbomoso – Punch ...
President Muhammadu Buhari rejoices with Oba Oladunni Oyewumi Ajagungbade III, the Soun of Ogbomoso, as he turns 94 on May 27, 2020.
The President says the almost five-decade reign of the monarch has witnessed peace, prosperity and development, with natives and settlers alike in Ogbomoso enjoying the amity that has attended the time of the respected Oba.
“Your time has brought joy and succour to the people, and may it continue to be so, as you turn 94,” President Buhari says, adding that the collaboration various governments at both state and national levels have enjoyed from the traditional ruler is invaluable.
The President prays continued good health and sound mind for Oba Oyewumi, noting that longevity is a divine gift, and thanking God for bestowing it on the frontline royal father.
Femi Adesina
Special Adviser to the President
(Media and Publicity)
May 26, 2020.
My business suffered when I became king–Soun of Ogbomoso – Punch ...

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).