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 BIDS FAREWELL TO OUT-GOING AMBASSADOR OF BURKINA FASO, PIABIE FIRMIN GREGOIRE MR. N'DO. TODAY.{PHOTOS}.#PRESS RELEASE.

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PRESIDENT BUHARI BIDS FAREWELL TO OUT-GOING AMBASSADOR OF BURKINA FASO, PIABIE FIRMIN GREGOIRE MR. N'DO. JAN 14TH 2022


WE MUST DO THE BEST FOR OUR PEOPLE WITHIN THE LIMITS OF RESOURCES, PRESIDENT BUHARI TELLS EXITING BURKINA FASO AMBASSADOR


It is the bounden duty of leaders, particularly within the West African sub-region, to do the best for their people, despite shrinking resources, President Muhammadu Buhari has said.


The President spoke Friday at State House, Abuja, while receiving in farewell audience, the Ambassador of Burkina Faso, His Excellency Piabie Firmin Gregoire N’do, who spent 8 years on tour of duty.


“Leaders should do the best for their people within the limits of resources,” President Buhari affirmed, adding that he hoped the outgoing Ambassador would use experiences garnered in the field “for decision making in your country when you go back.”


Ambassador N’do expressed the good wishes of his country, and of himself to Nigeria, commending President Buhari for good diplomacy, which has seen Nigerians leading many international organizations.


He equally expressed appreciation for different kinds of support from Nigeria to Burkina Faso during the flooding crisis, their national elections, and at many other critical times.


He said he enjoyed his stay in Nigeria, had his last daughter here, and holds very pleasant memories of the country.


President Buhari jocularly asked if he gave his daughter Nigerian names.


 


Femi Adesina


Special Adviser to the President


(Media and Publicity)


January 14, 2022.

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