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

JUBILATION AS GOV. ZULUM RESUMES AFTER 21 DAYS VACATION,SAYS SECURITY TOP PRIORITY.{PHOTOS}.#PRESS RELEASE.

 

Zulum resumes after 21 days vacation, says security top priority
... Hints on teachers, health workers recruitment
Borno State Governor, Babagana Umara Zulum has resumed work after 21 days vacation, during which he transmitted power to his deputy, Umar Usman kadafur to act as Governor.
Zulum arrived Maiduguri on Wednesday afternoon.
Addressing thousands top government officials, party leaders and supporters, the governor assured that his administration's top priority will remain the restoration of peace in the state to enable the revival of mass livelihoods through agricultural and other businesses.
Our correspondent reported that Governor Zulum embarked on a vacation from April 29 to Wednesday May 19, 20121.
Zulum had before his departure, written to Borno State Assembly, requesting that his Deputy, Kadafur be given full constitutional powers to take decisions without recourse to him (Zulum), to which the assembly granted.
Zulum's request was in compliance with provisions of section 190 (1) of the constitution, his letter to the assembly had noted.
... Hints on teachers, health workers recruitment
Zulum while interacting with journalists also revealed that in the next two years of his tenure, government will focus on the recruitment of more teachers and health workers to address demands of the increasing population in the state.
The Governor said, the recruitment is to provide effective service delivery in the healthcare sector and education.More photos below.

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).