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 RECEIVES BRIEFING FROM EX-PRESIDENT JONATHAN, TO CONFER WITH OTHER ECOWAS LEADERS ON MALI CRISIS.{PHOTOS}.#PRESS RELEASE.

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    President Muhammadu Buhari will consult with key leaders of ECOWAS countries in order to find a solution to the crisis rocking Republic of Mali.
The President made the pledge Tuesday while receiving reports from ECOWAS Special Envoy to Mali, former President Goodluck Jonathan.
The former President was at State House, Abuja, in company of President of ECOWAS Commission, Mr Jean-Claude Kassi Brou.
“We will ask the President of Niger, who is the Chairman of ECOWAS to brief us as a group, and we will then know the way forward,” President Buhari said.
He thanked Dr Jonathan for his comprehensive brief on the situation in Mali, “which you had been abreast with since when you were the sitting Nigerian President.”
The former President had filled in President Buhari on his activities as Special Envoy to restore amity to Mali, rocked by protests against President Ibrahim Boubacar Keita, who has spent two out of the five years second term in office.
A resistance group, M5, is insisting that the Constitutional Court must be dissolved, and the President resign, before peace can return to the country.
Crisis had erupted after the court nullified results of 31 parliamentary seats in the polls held recently, awarding victory to some other contenders, which the resistance group said was at the instigation of President Keita.
Riots on July 10 had led to the killing of some protesters by security agents, causing the crisis to spiral out of control, hence the intervention by ECOWAS.
“ECOWAS can’t preside over the removal of an elected President. Not even the African Union (AU), or the United Nations (UN) can do it. Leaders must be elected and leave under constitutional processes, otherwise we would have Banana republics all over the place,” Dr Jonathan submitted.
The former President thanked President Buhari for providing a Presidential jet for the mission, “thus making our trips convenient and comfortable,” and he equally expressed appreciation for the Itakpe-Warri railway complex named after him last weekend.
“It was a big present for me. Thank you very much,” he said.
Femi Adesina
Special Adviser to the President
(Media and Publicity)
July 21, 2020.
More photos below.
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