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 LAUDS OONI ADESOJI ADEREMI ON OCCASION OF 40TH REMEMBRANCE ANNIVERSARY.{PHOTOS}.#PRESS RELEASE.

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      President Muhammadu Buhari has paid glowing tribute to the late Ooni of Ife, Oba Adesoji Aderemi, on the occasion of the 40th anniversary of the passage of the foremost monarch.
In a letter to the family of the departed Oba, the President wrote:
“It gives me deep sense of pleasure and fulfillment to do this brief tribute in memory of the illustrious Ooni of Ife, Oba Adesoji Tadenikawo Aderemi, who reigned between 1930 and 1980.
“On this 40th Remembrance Anniversary of the great man, the country recalls the imprints of a foremost Nationalist, very successful businessman, former Governor, Western Region (1960-1962), and traditional ruler, on the sands of time.
“To the benefit of his memory, Ooni Aderemi built schools, dispensaries, churches, museums, and attracted the establishment in his domain of waterworks, electricity projects, and the University of Ife (now Obafemi Awolowo University, Ile-Ife).
“It is also on record that the respected monarch was a Member, Legislative Council of Nigeria (1946-1951); Delegate, African Conference, London (1948); President, Western House of Chiefs (1952-1960); Member, Federal House of Representatives/Minister (1952-1954); led Nigeria’s delegation to Queen Elizabeth II’s Coronation (1953); and Member, Nigeria Constitutional Conferences (1953-1958).“As the family remembers this awesome personality, knighted twice by the Queen of England, it gladdens the heart that his memory remains evergreen. Please, keep this alive, for the guidance and inspiration of the current and subsequent generations.
“May God give us more illustrious people in the mould of Ooni Adesoji Aderemi. Amen.”
Femi Adesina
Special Adviser to the President
(Media and Publicity)
July 3, 2020.
H i s t o r y V i l l e on Twitter: "The Ooni of Ile-Ife, Oba (Sir ...

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