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

REMARKS BY REP. FEMI GBAJABIAMILA AT THE INAUGURATION OF THE HOUSE AD-HOC COMMITTEE ON COVID-19.{PHOTOS}.#PRESS RELEASE.

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    REMARKS BY THE SPEAKER OF THE HOUSE OF REPRESENTATIVES, REP. FEMI GBAJABIAMILA AT THE INAUGURATION OF THE HOUSE AD-HOC COMMITTEE ON COVID-19. CONFERENCE ROOM 231, HOUSE OF REPRESENTATIVES BUILDING, TUESDAY 19TH MAY 2020.
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Good afternoon ladies and gentlemen, thank you for being here this afternoon.
Nothing defines a nation more than how its leaders and its people rise to the seismic crises that manifest, often without warning, and must be confronted and overcome one way or the other. We now face such a defining crisis. And we too will face the judgment of history. It is in our hands to determine what that judgment will be.
The 18 man Committee we have come to inaugurate reflects the intention of the House of Representative to engage the executive arm of government in a partnership that serves the best interests of the Nigerian people as we join hands to confront and conquer the most severe challenge of our lives.
Mr Chairman, honourable members of the Committee, you have a responsibility to ensure the operations of the Presidential Taskforce on Covid-19, are conducted with a view to international best practice. Your role is to add value by serving as a link between the task force and the National Assembly, and with the Nigerian people whose interests we all serve, and to whom we are all answerable.
It is also your responsibility to ensure that those of our citizens; doctors, nurses and all the health workers on the frontlines of the fight against Covid-19 in Nigeria receive the full protection they deserve, and the benefits they have so honourably earned. You have the rare opportunity to write your legacy in gold, and I am confident that you will meet that opportunity. I urge you to face this responsibility with a sense of urgency and the utmost integrity, rest assured of my support and the support of the entire House of Representatives.
On that note, it is my honour to inaugurate this Ad-Hoc Committee on Covid-19 to the glory of God and the edification of the Nigerian people. Mr Chairman, honourable colleagues, I wish you Godspeed in this your assignment. We will support you to the fullest and as best as we can.
I thank you all once more for being here this afternoon.
God bless you, and God bless the Federal Republic of Nigeria.
More photos below.
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