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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WE’LL CONTINUE TO SUPPORT MNJTF, PRESIDENT BUHARI ASSURES.{PHOTOS}.#PRESS RELEASE.

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     President Buhari receives in audience H.E. Amb. Mamman Nuhu, Executive Secretary, Lake Chad Basin Commission and Head of Mission, MNJTF in State House on 28th Aug 2020

Lake Chad 6: President Buhari with Foreign Affairs Minister Geoffrey Onyeama and H.E. Amb. Mamman Nuhu, Executive Secretary, Lake Chad Basin Commission and Head of Mission, MNJTF in State House on 28th Aug 2020.

PRESS RELEASE:

WE’LL CONTINUE TO SUPPORT MNJTF, PRESIDENT BUHARI ASSURES
Despite being at what he calls “the low ebb of resources caused by COVID-19 and fallen oil prices,” Nigeria will continue to provide support for the Multinational Joint Task Force (MNJTF) based in N’djamena, Chad Republic, President Muhammadu Buhari has assured.
The President spoke Friday at State House, Abuja, while receiving Ambassador Mamman Nuhu , Executive Secretary, Lake Chad Basin Commission and Head of Mission, MNJTF.
President Buhari said despite paucity of resources, security of Nigeria and that of her neighbours must have pride of place, “so I will consult with all the relevant officials, and we will do our best.”
Ambassador Nuhu gave the President updates on the proposed recharge of Lake Chad, which he said was one of the priorities of Lake Chad Basin Commission, “and for which you have great passion,” informing that the governments of China and Italy were of great support, and positive action should commence soon.
He also commended countries which have contributed troops to MNJTF, adding, however, that kinetic military approach alone would not eradicate insurgency, and emphasis must also be placed on the root causes, particularly poverty.
Femi Adesina
Special Adviser to the President
(Media and Publicity)
August 28, 2020.
More photos below.

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