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 HAILS NIGER REPUBLIC’S PEACEFUL ELECTIONS.{PHOTOS}.#PRESS RELEASE.

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President Muhammadu Buhari Thursday showered praises on the outgoing President of Niger Republic, Mahamadou Issoufou and the citizens of the country for the peaceful and successful conduct of the presidential and parliamentary elections on December 27.
Speaking at an audience with Architect Namadi Sambo, former Nigerian Vice-President and Leader of the ECOWAS Electoral Observation Mission (EOM), appointed to oversee the elections, President Buhari said President Issoufou deserved to be congratulated on how he organised and conducted the elections.
“I have been very, very impressed by what I have been seeing and hearing. I will call to congratulate him. Issoufou is going home with honour and grace. All is well that ends well,” he said.
While noting the smooth and peaceful conduct of the elections in Niger Republic, the President, however, expressed regrets over reported incidents of violence in some other countries in the sub-region.
According to him, “Seeing how bloody it has been in some other countries, Issoufou must be congratulated on working out this so well so that he will hand over and go quietly.”
President Buhari also praised the work of the ECOWAS Mission to Niger Republic under Architect Sambo, describing it as very impressive.
In his remarks, the former Vice-President described the elections as “successful, free and fair. The elections went well. No incident had created an alarm,” while expressing the hope that this peaceful conduct will continue.
He also conveyed to President Buhari the gratitude of members of the Mission for the support given by Nigeria, and the deep appreciation of the government and people of Niger Republic for Nigeria’s continuous cooperation, support and encouragement.
Garba Shehu
Senior Special Assistant to the President
(Media & Publicity)
December 31, 2020.
One more photo below.



 

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