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

NIGERIA BECOMING MOST TERRORISED NATION IN THE WORLD UNDER BUHARI- CATHOLIC BISHOPS.{PHOTO}.

The Catholic Bishops Conference of Nigeria, CBCN, has said that Nigeria is becoming one of the most terrorized nations in the world and asked the federal government to end the high level of insecurity in the country in the interest of the traumatised present generation.


The clerics made this known in a communique issued to journalists in Abuja by the National Director of Social Communications, Catholic Secretariat of Nigeria, Abuja at the end of the second plenary of the Bishops’ Conference, yesterday.


In the Communique co-signed by the CBCN President, His Grace Archbishop Augustine Akubeze; and Secretary, Most Revd Camillus Umoh, the Catholic bishops said that the government must be balanced and seen to be so in its response to the challenges of insecurity.


While condemning the widespread attacks by bandits, they stated that “life has never been so cheap, nor has Nigeria ever been at the stage we are now.”


The Catholic bishops said it is clearly in the interest of the Federal Government, and of the entire nation, to ensure that the youths in all parts of the country are gainfully employed as a way of reducing the unrest.

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).