INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

Image
  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 CONDEMNS SCHOOL ABDUCTION IN NIGER STATE, DISPATCHES SECURITY OFFICALS TO THE STATE.{PHOTO}.#PRESS RELEASE.

 

President Muhammadu Buhari has received reports of the brazen attack on Government Science College, Kagara, Rafi Local Government Area of Niger State, following which a yet to be ascertained number of staff and students have been abducted by gunmen.
Following these reports, the President has directed the Armed Forces and Police, to ensure immediate and safe return of all the captives. The President has also dispatched to Minna, Niger State a team of security chiefs to coordinate the rescue operation and meet with state officials, community leaders, as well as parents and staff of the College.
President Buhari has assured of the support of his administration to the Armed Forces in their brave struggle against terrorism and banditry and urged them to do all that can be done to bring an end to this saga, and avoid such cowardly attacks on schools in the future.
“Our prayers are with families of the victims of this attack,” said the President as he condemned as cowardly the attack on innocent school children.
Garba Shehu
Senior Special Assistant to the President
(Media and Publicity)
February 17, 2021.

Comments

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

SSANU, NASU THREATEN STRIKE OVER WITHHELD SALARIES. (PHOTO).