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 HIGHEST SENEGALESE AWARD FOR EMIR OF KANO.(PHOTO).#PRESS RELEASE.

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PRESIDENT BUHARI WELCOMES HIGHEST SENEGALESE AWARD FOR EMIR OF KANO


President Muhammadu Buhari congratulates Alhaji Aminu Ado Bayero, the Emir of Kano on the conferment on him, the highest honour of the Republic of Senegal, the “National Order of Lion.”

The honour was conferred on him by President Macky Sall at the Presidential Residence in Dakar, in the course of the Emir’s recent visit to the country.

President Buhari says the honour on the Emir was richly deserved and commended his Senegalese counterpart for spotting the inherent qualities of the traditional head of the most populous northern city.

The President adds that the Senegalese honour Emir was a recognition “for his exceptional services in promoting peace, harmony and the well-being of his people and as well as his promotion of the friendly and strategic partnership between Nigeria and Senegal.”

He urges him to continue to build on the good work he has been doing.


 

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