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 CONGRATULATES AHMAD GARBA GUNNA, NEW EMIR OF KAGARA.{PHOTO}.#PRESS RELEASE.

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President Muhammadu Buhari felicitates with Alhaji Ahmad Garba Gunna, appointed Emir of Kagara by Governor Abubakar Sani Bello of Niger State.
The President urges the new Emir, who was till his appointment Chairman of the state’s Revenue Board, to use the wealth of experience garnered in the public sector to serve his people, and bring development to his domain.
With the security challenges facing the country, the President equally urges the new Emir to use his position as a grassroots personality, to engender protection of lives and property, stressing that the traditional institution has a great role to play in security.
President Buhari prays that the time of the new Emir will bring peace, security, development and progress to Kagara.
Alhaji Gunna, to be known as Ahmad Attahiru 11, succeeds Alhaji Salihu Tanko, who passed away recently.
Femi Adesina
Special Adviser to the President
(Media and Publicity)
April 7, 2021.

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