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 WELCOMES RAMADAN FASTING, ASKS MUSLIMS TO FEED THE POOR.(PHOTO).#PRESS RELEASE.

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PRESIDENT BUHARI WELCOMES RAMADAN FASTING, ASKS MUSLIMS TO FEED THE POOR

 

President Muhammadu Buhari joins world leaders in welcoming the month of Ramadan, the month of fasting and intense devotion for Muslims.

In a message to Nigerians and Muslims all over the world, the President said the period offers a unique opportunity to ''feel the hunger experienced by the poor so as to feel what it is like to be deprived and marginalized.''

“Muslims,” the President emphasized “should seek greater personal discipline, which is necessary for the realization of a great nation.”

He advised Muslim elite against food waste and extravagant spending while others face hunger and destitution, urging that they should care for their neighbours, the poor and the marginalized.

He also called for prayers for peace in the country and beyond, and for healing and harmony throughout the world.

He wished all Muslims a successful completion of the 30-day fasting period.

Garba Shehu
Senior Special Assistant to the President
(Media & Publicity)
April 1, 2022

 

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