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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I FEEL VERY STRONGLY ABOUT NYSC, GEN YAKUBU GOWON'S POLICY WAS REMARKABLE, SAYS PRESIDENT BUHARI.{PHOTOS}.#PRESS RELEASE.

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President Muhammadu Buhari Tuesday in Daura, Katsina State, expressed his deep attachment to the National Youth Service Corps (NYSC) and impact so far, saying it broadens the horizon of citizens, opens up opportunities and enhances understanding of cultural differences.


Speaking at his country home to youth corps members serving in Daura, who visited him for Eid-el-Kabir homage, the President said he had consistently commended former Head of State, Gen. Yakubu Gowon for the initiative, which had created more opportunity for uniting the country.


President Buhari urged the youth corps members to make the most out of the opportunity of travelling around the country, especially in understanding different climates, cultures, languages and outviews on life.


"Everytime I meet with former Head of State, Gen. Yakubu Gowon, like recently, I still commend him for the initiative of the NYSC. The NYSC is spectacular in many ways.   


"Some of you have come from Port Harcourt, Lagos and Calabar and you can now feel the heat of Daura and how close it is to the desert," he said.


The President said the NYSC scheme was well thought-out to unite the country through understanding.


 “I feel very strongly about the NYSC and I am wishing you all the very best. I assure you that you will be much better as Nigerians after your experience,’’ he added.


President Buhari gave the corps members two cows from his farm, 20 bags of rice and N1, 000,000 (one million naira).


The Corps Liason Officer, Umaru Babayo thanked the President for all the efforts and sacrifices to restore peace in the country, and the policies to diversify the economy, with agriculture as the main driver.

He said the Emir of Daura, Alhaji Faruk Umar Faruk, had shown a lot of kindness and warmth to corps members as well in his domain, appreciating the community for always supporting them.


Babayo assured the President of prayers for a successful time in office, and God's providence in decision making that will move the country forward.


Garba Shehu

Senior Special Assistant to the President

(Media & Publicity)

July 20, 2021.

More photos below.

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