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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RSG TO UPGRADE FACILITIES AT NIGERIAN LAW SCHOOL, YENAGOA.{PHOTOS}.#PRESS RELEASE.

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     * To construct two new hostels

* Build 1,500 capacity multi-purpose hall
Rivers State Government is to construct two new hostels that will accommodate nine hundred students each at the Nigerian Law School, Yenagoa, Bayelsa State.
The State Government is to also build a 1, 500 capacity Multi-Purpose Hall at the school.
Governor Nyesom Ezenwo Wike announced this today when he visited the school in company of the Director General of the Nigerian Law School, Professor Isa Hayatu Chiroma.
He said the gesture was part of the state government's contribution to the development of legal education in the country.
"Rivers State also belongs to the South-South, so we think that we should also make our own contribution.
"Accordingly, our State will construct two new hostels to accommodate nine hundred students each and also build a multipurpose hall that will accommodate 1,500 students.
"Ordinarily, this school was supposed to be located in Port Harcourt, but the former administration rejected the offer made to them.
"You know also that Bayelsa State was created out of Rivers State. Hence, we are still the same and whatever I can do in Rivers State, I can also do in Bayelsa State," he stated.
Governor Wike noted that despite the economic challenges faced by the state, it will source funds from its scarce resources to execute the project.
He said the present economic challenges would not stop his administration from solving problems.
"This project will be executed immediately because we do not make promises without fulfilling them.
"I have directed the Attorney General and Commissioner for Justice to write to the Director General to forward the design, so we can commence work immediately, "he added.
Responding, the Director General of the Nigerian Law School, Professor Isa Hayatu Chiroma expressed gratitude to Governor Wike and the Rivers State Government for the support, saying the school would ever remain grateful.
Paulinus Nsirim
Commissioner for Information and Communications
August 29, 2020
+7

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