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 APPOINTS CEO's FOR FEDERAL MINISTRY OF INFORMATION AND CULTURE AGENCIES.{PHOTO}.#PRESS RELEASE.

 

      President Muhammadu Buhari has approved the appointment of Chief Executive Officers for nine of the agencies under the Federal Ministry of Information and Culture.

According to the approval letter, which was conveyed to the Minister of Information and Culture, Alhaji Lai Mohammed, by Prof. Ibrahim Gambari, Chief of Staff to the President, on Tuesday, Mr. Buki Ponle was appointed Managing Director of the News Agency of Nigeria while Mr. Nura Sani Kangiwa was named the Director General, National Institute for Hospitality and Tourism.
Mr. Francis Ndubuisi Nwosu was appointed the Executive Secretary, Nigerian Press Council; Mr. Ebeten William Ivara, Director General, National Gallery of Arts; Mr. Olalekan Fadolapo, Registrar/CEO of Advertising Practitioners Council of Nigeria and Prof. Sunday Enessi Ododo, General Manager/CEO, National Theatre.
Others are Mr. Ado Mohammed Yahuza, Executive Secretary/CEO, National Institute for Cultural Orientation; Prof. Aba Isa Tijjani, Director General, National Commission for Museums and Monuments and Mrs. Oluwabunmi Ayobami Amao, Director General, Centre For Black And African Arts And Civilization.
The appointments take effect from 1 Sept. 2020.
Segun Adeyemi
Special Assistant To The President (Media)
Office of the Minister of Information and Culture
Abuja
26. Aug.2020.

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