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

NIGERIA BEGINS EVACUATION OF CITIZENS FROM UKRAINE. (PHOTO).


Nigeria begins evacuation of citizens from Ukraine 



The Federal Ministry of Foreign Affairs says it is expecting another batch of about 200 Nigerians into the city of Budapest later today. 

A statement signed by the Permanent Secretary of the Ministry, Ambassador Gabriel Aduda, said officials of the Nigerian Embassy, had received 130 Nigerians safely at Bucharest, Romania where they have been provided accommodation and are being documented, while arrangements are ongoing to bring them back home.

The statement further said officials at Budapest, Hungary have also received and accommodated 74 Nigerians safely, where they are being documented for subsequent travel arrangements back to Nigeria.

Also in Warsaw, Poland, the statement disclosed they have received 52 Nigerians and 23 are being processed at the Polish Government Reception Point at Hala Kijowska, near the border of Korczowa-Krakowiec. 

The statement emphasised that the camp is well organised with beds and beddings, food, heating, clothing and medicals for evacuees and also assured Nigerians that all hands are on deck and arrangements are being put in place to effectively evacuate citizens, in safety and dignity.

 

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