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 COMMENDS ELECTION PROCESS IN EDO STATE, REITERATES COMMITMENT TO FREE AND FAIR ELECTIONS.{PHOTO}.#PRESS RELEASE.

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President Muhammadu Buhari has commended the election process in Edo State which led to the victory of Governor Godwin Obaseki as declared by the Independent National Electoral Commission (INEC).
The President congratulated the winner and urged him to show grace and humility in victory.
In his reaction to the outcome of the election as announced by INEC, President Buhari said:
"My commitment to free and fair elections is firm, because without free and fair elections, the foundation of our political and moral authority will be weak."
The President added:
"I have consistently advocated for free and fair elections in the country because it is the bedrock of true democratic order.
"Democracy will mean nothing if the votes of the people don't count or if their mandate is fraudulently tampered with."
He commended the people of Edo State, the parties, candidates and security agencies for conducting themselves responsibly.
Garba Shehu
Senior Special Assistant to the President
(Media & Publicity)
September 20, 2020.

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