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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PRINCE ARTHUR EZE LAUDS PRESIDENT BUHARI FOR DEVELOPMENT STRIDES IN SOUTH-EAST.{PHOTO}.#PRESS RELEASE

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President Muhammadu Buhari has received accolades on the infrastructural development in the South-East, particularly the second Niger Bridge, which has attained about 70% completion and slated for commissioning before the end of 2022. 

Oil tycoon, Prince Arthur Eze, gave the plaudits during a private visit to the President Tuesday night at the Presidential Villa, Abuja. 

The businessman urged Nigerians to always preach peace as against hate, and draw lessons from countries suffering the effect of war. 

He pledged loyalty and commitment to the unity, peace and indivisibility of Nigeria, urging President Buhari to stay focused and not be distracted by agitations for separatism rocking some parts of the country. 

“There are countless Igbos scattered around the nooks and crannies of Nigeria, who live happily in peace, and do their legitimate businesses without complaint of marginalization. No matter what, let’s tolerate one another and always embrace the spirit of peace, forgiveness and reconciliation. God that brought us together has not made a mistake. I have no other country than Nigeria, let's join hands and solve our problems ourselves,” Prince Eze said. 

He commended the President on the successes recorded in the North-East where Boko Haram fighters are surrendering in droves, urging more efforts in the North-West against bandits and other criminals. 

Prince Eze counselled government to give more opportunities to local outfits like the Nigerian Security Printing and Minting Corporation, to print election ballot papers, sensitive security documents, certificates, local, state and Federal Government revenue and treasury receipts, passports, and others, since it had the capacity to do so.

 President Buhari thanked Prince Eze for visiting and for his good wishes for the country and government at all times.

 

Femi Adesina

Special Adviser to the President

(Media and Publicity)

September 15, 2021

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