INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

Image
  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

CIG FESTIVAL 'CIFEST 2022' POSTPONED,NEW DATE TO BE ANNOUNCED SOON.(PHOTO).#PRESS RELEASE.

PRESS RELEASE


The Creative Industry Group, CIG, organizers of the Creative Industry Festival, CIFEST announces the postponement of her CIFEST 2022 which was meant to hold between the 1st and 7th of May 2022 at designated locations across Lagos State with a continual behive of activities at the Tafawa Balewa Square Lagos daily for the duration of the seven days festival. This call was made by our intending sponsors, who we are in talks with, to have a date that suits all parties. After due deliberation, members of the CIG executives concurred.  A later date will be announced in the nearest future. All foreign participants in the continent and beyond as well as States in Nigeria have been duly informed. The Group apologizes to all our expected and intending participants and guests for any inconveniency caused by the postponement.


Yours Sincerely,


Amb. Felix Duke 

  CIG President

Comments

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

SSANU, NASU THREATEN STRIKE OVER WITHHELD SALARIES. (PHOTO).