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
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PRESIDENT BUHARI CONDOLES WITH FORMER EDUCATION MINISTER, OBIAGELI EZEKWESILI OVER LOSS OF MOM.{PHOTO}.#PRESS RELEASE

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Oby Ezekwesili Renews attack on President Buhari
      President Muhammadu Buhari commiserates with former Minister of Education, Mrs Obiageli Ezekwesili, and her entire family over the passing of her mom, Mrs. Cecilia Nwayiaka Ujubuonu.
The President urges Ezekwesili, her family and all associates of the late mom, to find strength in the good works of Mrs Ujubuonu, whose testimony of reverence for God, and service to humanity continues to resonate.
President Buhari condoles with the grandchildren of the late businesswoman, and members of the Redeemed Christian Church of God, knowing they will particularly miss her counsel and guidance, garnered from years of working hard to raise a disciplined and focused family.
As the family mourns, the President prays that the almighty God will comfort them, and grant peaceful rest to the soul of the departed.
Femi Adesina
Special Adviser to the President
(Media & Publicity)
June 23, 2020
Oby Ezekwesili Renews attack on President Buhari

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