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 MOURNS POPULAR DRAMATIST, JIMOH ALIU.{PHOTO}.#PRESS RELEASE.

 

President Muhammadu Buhari condoles with the theatre and entertainment industry, the Aliu family, and Ekiti State government on the loss of popular dramatist, Chief Jimoh Aliu, aged 80.
The President salutes the dedication of the deceased to his art, which saw him forming the Jimoh Aliu Concert Party In 1966, remaining committed to drama and entertainment for over 50 years.
President Buhari says the man popularly called Aworo, will be missed by all lovers of good drama, and commends his skills as a well-rounded artist, having been a sculptor, film writer, playwright, actor and director, rolled into one.
He prays that the soul of the renowned thespian would Rest In Peace, and that God will comfort all those who mourn him.
Femi Adesina
Special Adviser to the President
(Media and Publicity)
October 6, 2020.

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