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 SYMPATHISES WITH NIGER REPUBLIC OVER TERRORIST ATTACK THAT KILLED 70 PEOPLE, CALLS FOR UNITED ACTION AGAINST TERRORISM.{PHOTO}.#PRESS RELEASE.

 

President Muhammadu Buhari has condemned the killing of 70 people in Zaroumdareye, a border town between Niger Republic and Mali by militants, describing the incident as another clarion call for united action by African leaders against terrorism.
Reacting to the incident on Sunday in Abuja, President Buhari said, "I am profoundly shocked by the large scale death of innocent people at the hands of these callous militants who have no regard for the sanctity of human life."
According to the President, "We are facing grave security challenges on account of the evil campaign of indiscriminate violence by terrorists in the Sahel and only united action can help us defeat these vicious enemies of humanity."
He stated that "terrorism has now become like a contagion of evil that can spread anytime if united action is not taken."
President Buhari said that "instability in one part of Africa had implications for the security of others."
He recalled that "the destabilisation of Libya in 2011 is producing domino effects on the security of other African countries including Nigeria, Niger, Chad, Cameroon and others."
"The looting of Libyan armouries in the aftermath of Gaddafi's fall has put dangerous weapons into the hands of terrorists and other criminals who now pose security challenges to other countries," the President added.
"We are united by common fate and therefore we must act in concert to defeat these evil men who target innocent people.
"Let me use this opportunity to express my deepest sympathy for the government, the people of Niger and the families of the victims," said President Buhari.
Garba Shehu
Senior Special Assistant to the President
(Media & Publicity)
January 3, 2021.

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