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 CONGRATULATES FORMER HIGH COMMISSIONER TO UK, CHRISTOPHER KOLADE AT 89.[PHOTO].#PRESS RELEASE.

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President Muhammadu Buhari joins family members and friends in celebrating with former Nigeria’s High Commissioner to the United Kingdom, Christopher Kolade, on his 89th birthday, December 28, 2021.


The President felicitates with the diplomat and academic, whose integrity, intelligence and experience have been placed many times at the service of the nation, leaving footprints of excellence and bringing glory to the country wherever he served.


President Buhari notes contributions of the veteran broadcaster in both the private and public sectors, working variously as Director General of Nigerian Broadcasting Corporation, Chairman/Chief Executive Officer of Cadbury Nigeria Ltd, and  lecturer at the Lagos Business School.


As the journalist, diplomat and academic turns 89, the President prays for good health to keep sharing his wealth of knowledge.


 


Femi Adesina

Special Adviser to the President

(Media & Publicity)

December 27, 2021.

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