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

PRESIDENT BUHARI RECEIVES MADAGASCAN COVID-19 HERBAL “DRUG” FROM GUINEA BISSAU’S PRESIDENT EMBALO, SAYS “I WILL LISTEN TO SCIENCE”.{PHOTOS}.#PRESS RELEASE.

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    President Muhammadu Buhari Saturday at the State House, Abuja, received the Madagascan native formulation against the Covid-19 pandemic, and reiterated that he will listen to science before allowing traditional or any new medicines to be administered on Nigerians.
At an audience meeting with President Umaro Sissoco Embalo of Guinea Bissau who brought along with him the samples of the traditional medicine as shared to African nations by Madagascar, President Buhari said his position on all such herbal or traditional medicinal postulates had remained the same.
“We have our institutions, systems and processes in the country. Any such formulations should be sent to them for verification. I will not put it to use without the endorsement of our institutions,” said the Nigerian President.
On the main reason for his visit, President Embalo said having stabilized his country after the tussles that attended the general elections won by him, he had come to seek counsel from his “father,” President Buhari on his plan for a “government of national unity” and a proposed war against corruption in his country.He also said that his new government met a country beset with a number of issues and problems, the resolution of which would require tremendous assistance from the “big brother,” Nigeria.
“Problems of Guinea Bissau are problems of Nigeria. I have come to you as your son. I need your help and assistance to make the people happy. I will not let you down, neither will I put you in any difficult situation,” the visiting leader told President Buhari.
In response to these demands, the Nigerian leader commended “General“ Embalo on his confirmation as President and for stabilizing the country. “I commend your political dexterity in getting the opposition to join the proposed unity government,” he said.
President Buhari restated the determination of Nigeria to keep West Africa politically stable and promised to support the new government in Guinea Bissau. “I will cooperate and help in every way possible,” assured the Nigerian President.
President Buhari also used the opportunity of the visit to praise the good work that the President of Niger Republic, Mahamadou Issoufou, who is the current Chairman of the Economic Community of West African States (ECOWAS) is doing in the sub-region, and commended him for keeping him informed of all that is happening around.Garba Shehu

Senior Special Assistant to the President
(Media & Publicity)
May 16, 2020.
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