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 MOURNS WITH OKADIGBO FAMILY ON THE DEATH OF PHARAOH.{PHOTOS}.#PRESS RELEASE

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President Muhammadu Buhari condoles with family of the former Senate President, the late Chuba Okadigbo on the death of their son, Pharaoh Okadigbo.
Reacting to the news of the death, President Buhari says it is very sad to lose such a promising young man with so much potentials and passion for youth involvement in the socio-political development of Nigeria.
The President notes that the late Pharaoh at an early age keyed into the vision of a better Nigeria not just for the privileged but for all and sundry, which he (the President) shared with the late Chuba, who was his running mate in the 2003 presidential election.
President Buhari adds that the nation will miss a firm believer in the necessity for the people to work in collaboration with governments at all levels to achieve the better society we all wish for.
He prays that God Almighty will comfort family, friends and associates, and repose the soul of the departed.
Femi Adesina
Special Adviser to the President
(Media & Publicity)
May 23, 2021.

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