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 MOURNS SENATOR OSINOWO.{PHOTO}.#PRESS RELEASE.

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Adebayo Osinowo: Senator Pepperito dies after brief illness ...
    President Muhammadu Buhari offers deepest condolences to the family of Osinowo and the Senate of the Federal Republic of Nigeria on the death of Senator Sikiru Adebayo Osinowo, the Senator representing Lagos East senatorial district.
As a member of the ninth senate and a key member of the All Progressives Congress, President Buhari recounts that Senator Osinowo as Chairman of Senate Committee on Industry and member of other committees, worked diligently to advance this administration’s objective of building a better and prosperous Nigeria.
The President affirms that the Senator’s commitment to meet the needs of his community as a four-time member of the Lagos State House of Assembly, devotion to national development as well as insightful contributions at the floor of the Senate would be fondly remembered and missed.
The President prays God Almighty to grant the family of Osinowo, friends and well-wishers the fortitude to bear the loss.
Garba Shehu
Senior Special Assistant to the President
(Media & Publicity)
June 15, 2020.
Adebayo Osinowo: Senator Pepperito dies after brief illness ...

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