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 CONDOLES WITH MURRAY-BRUCE FAMILY ON MOTHER’S DEATH.(PHOTO).#PRESS RELEASE.

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PRESIDENT BUHARI CONDOLES WITH MURRAY-BRUCE FAMILY ON MOTHER’S DEATH


President Muhammadu Buhari extends heartfelt condolences to Murray-Bruce family on the passing of their mother and matriarch, Mama Margaret Murray-Bruce, aged 95.

The President pays tribute to the peace loving and deeply religious woman who invested so much of her God given resources and talent in developing people, adopting many children, inspiring them to face life’s challenges with determination, optimism and joy.

The President urges Senator Ben Murray-Bruce, Founder Silverbird Group, Francis Murray-Bruce, and Mr Guy Murray-Bruce, President, Silverbird Group and Chairman, Independent Broadcasters Association of Nigeria (IBAN) and other members of the Murray-Bruce family to find inspiration from Mama’s legacy, particularly her personal example of decency and always looking out for the best in others.

President Buhari prays for repose of the soul of the departed and comfort for the loved ones that mourn.
 
Garba Shehu
Senior Special Assistant to the President
(Media & Publicity)
February 2, 2022


 

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