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 CONDOLES WITH FAMILY OF AFAKA, HIS OFFICIAL DRIVER.{PHOTO}.#PRESS RELEASE.

 

President Muhammadu Buhari extends heartfelt condolences to the family of Afaka on the passing of Master Warrant Officer, Sa’idu Afaka, his official driver, who died at the State House Clinic on Tuesday after a prolonged illness.
President Buhari, who also commiserates with the Government and people of Kaduna State, described the late Afaka as an honest, capable and reliable person who handled his job with utmost care and responsibility.
The President recalls that in 2016 the soldier, while on pilgrimage in Saudi Arabia, picked up a bag containing a large amount of foreign currencies and turned it over to the National Hajj Commission, an action which earned him praises from the Saudi and Nigerian authorities.
President Buhari prays Almighty Allah to ‘‘bless the soul of the departed with an elevated place in heavens,’’ committing the family and friends to divine comfort and patience.
Garba Shehu
Senior Special Assistant to the President
(Media & Publicity)
April 6, 2021
May be an image of 1 person, standing and outdoors

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