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 CELEBRATES VICE PRESIDENT OSINBAJO AT 64, DESCRIBES HIM AS A RELIABLE AND DEDICATED DEPUTY.{PHOTO}.#PRESS RELEASE.

 

President Muhammadu Buhari has described Vice President Yemi Osinbajo as “a reliable and dedicated deputy who is not only admirably competent, but also exudes confidence and passion in the performance of his job."
In a message to celebrate the Vice President on his 64th birthday Monday March 8, President Buhari said "I'm proud to have selected Osinbajo as my running mate and he has given a good account of himself since our journey began in 2015."
According to the President, "the Vice President is a cool-headed gentleman who puts the interest of Nigeria above other narrow considerations."
President Buhari also noted that “Vice President Osinbajo is an incredibly patient politician who demonstrates remarkable intellectual and mental energy in the discharge of his duties."
He wished him many more prosperous years and Almighty God’s continued guidance.
Garba Shehu
Senior Special Assistant to the President
(Media & Publicity)
March 07, 2021.

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