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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RUSSIA OFFERS UNIVERSITY ADMISSION TO NIGERIAN STUDENTS STUCK IN UKRAINE.(PHOTO).

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Amid the ongoing war between Russia and Ukraine, the Russian government has said it will provide assistance in the evacuation of Nigerian students that were stuck in Kherson, Ukraine.

The country further promised to continue to provide necessary assistance to ensure the safety and well-being of Nigerian citizens in its territory.

Mikhail Bogdanov, Special Representative of Russian Federation for the Middle East and Africa gave the assurance on Friday during a meeting with Prof. Abdullahi Shehu, Ambassador Extraordinary and Plenipotentiary of Nigeria to Russia with concurrent accreditation to Belarus, a statement from the Russian Embassy stated.

The statement said, “Bogdanov informed Shehu regarding logistics arrangements put in place by Russia to assist in the evacuation of Nigerian students that were stuck in Kherson, Ukraine.

“He assured the ambassador that the Russian Government will provide necessary assistance to ensure the safety and well-being of Nigerian citizens in the Russian Federation.

“During their conversation, the current situation in Ukraine was discussed, as well as a range of topical matters regarding the future development of the traditionally friendly Russia-Nigeria relations.

 

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