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 APPROVES FG's TEAM TO ENGAGE WITH TWITTER OVER SUSPENSION.{PHOTO}.#PRESS RELEASE.

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PRESS RELEASE


President Buhari Approves FG's Team To Engage With Twitter Over Suspension


President Muhammadu Buhari has approved the composition of the Federal Government's Team to engage with Twitter over the recent suspension of

the operations of the microblogging and social networking service in Nigeria.


The approval was announced in a statement in Abuja on Tuesday by the Minister of Information and Culture, Alhaji Lai Mohammed, who will chair the team.


The Federal Government's team also comprises the Attorney General of the Federation and Honourable Minister of Justice, Honourable Minister

of Communications and Digital Economy, Honourable Minister of Foreign Affairs, Honourable Minister of Works and Housing, Honourable Minister of State for Labour and Employment as well as other relevant government agencies.


Following the indefinite suspension of its operations in Nigeria, for activities that are capable of undermining Nigeria's corporate existence, Twitter wrote to President Buhari seeking to engage with the Federal Government over the suspension, with a view to charting a path forward.


Segun Adeyemi

Special Assistant To The President (Media)

Office of the Minister of Information and Culture

Abuja

22 June 2021

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