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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MINISTER OF POWER APPROVED THE CONSTRUCTION OF 1MW POWER PLANT AT YOBE STATE UNIVERSITY TEACHING HOSPITAL,DAMATURU.(PHOTOS).#PRESS RELEASE.

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Hon. Minister of Power, Engr. Aliyu (Jarman Potiskum) has approved the construction of 1MW Power plant at Yobe state University Teaching Hospital, Damaturu. 

i. The Project will help in provision of alternative renewable energy power supply to critical infrastructures/buildings.

ii. Introduction of energy efficiency measures to reduce energy wastage.

iii. Reduction in dependency on grid of power need. 

iv. Reduction of government spendings on public building electricity consumption.

In view of the above, a team of Engineers from the ministry and Nigerian Energy Support Programme (NESP) implemented by GIS will visit the teaching Hospital on Tuesday, 8th March, 2022, for a feasibility study and Energy audit of facilities. 

Mustapha Mohammed Gujba,
The Political Banker..
One more photo below. 



 

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