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

PRESIDENT BUHARI HAILS FORMER OGUN STATE GOVERNOR, OTUNBA GBENGA DANIEL AT 66.(PHOTO).#PRESS RELEASE.



PRESIDENT BUHARI HAILS FORMER OGUN STATE GOVERNOR, OTUNBA GBENGA DANIEL AT 66


President Muhammadu Buhari joins the leadership and members of All Progressives Congress (APC) in congratulating Otunba Gbenga Daniel, former Governor of Ogun State, on his 66th birthday, April 6, 2022, celebrating the businessman, democrat and party stalwart for his dedication to nation building.
The President rejoices with family members, friends and associates, both in business and politics, of the former governor, who cut his teeth early in politics by being among the Committee of Friends of the late sage, Chief Obafemi Awolowo, and joining the Unity Party of Nigeria (UPN) in the 70’s as a student.
President Buhari notes the inspiring role Otunba Daniel has played in the political and economic development of the country, setting up engineering and hospitality outfits that employ and train the youth in entrepreneurship, establishing a Political Leadership Academy (POLA) for grooming young people in leadership and governance, and the Gateway Front Foundation for philanthropy.
As the Otunba of Egba and Ijebu clans marks his 66th birthday, the President commends his courage, diligence and visionary leadership style, which has translated into better lives for many, and supported major historic transitions, like return to civilian rule in 1999.
President Buhari prays for the wellbeing of the former governor and his family.

Femi Adesina
Special Adviser to the President
(Media & Publicity)
April 5, 2022


 

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