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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NIGERIA HAILS GERMANY AS JOINT DECLARATION ON RETURN OF BENIN BRONZES IS SIGNED.(PHOTO).#PRESS RELEASE.

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PRESS RELEASE

Nigeria Hails Germany as Joint Declaration on Return of Benin Bronzes' is Signed

Nigeria and Germany on Friday in Berlin signed a historic joint declaration that will pave the way for the return of 1,130 Benin Bronzes to Nigeria, 125 years after they were looted from the ancient Benin Kingdom during the Benin Expedition of 1897.

The Minister of Information and Culture, Alhaji Lai Mohammed, and the Minister of State for Foreign Affairs, Ambassador Zubairu Dada, signed for Nigeria, while the Minister of Foreign Affairs of Germany, Ms Annalena Baerbock, and the Minister of State for Culture and the
Media, Ms. Claudia Roth, signed for Germany.

In his remarks before the signing, Alhaji Mohammed thanked the government and people of Germany for what he described as the ''single largest repatriation of artefacts anywhere in the world''.

''We also want to most sincerely thank the authorities of the various German regions, cities, museums and institutions that have been
working in concert to ensure the manifestation of the history-making event that we are witnessing today. By this singular
action, Germany has taken the lead in correcting the wrongs of the past,'' he said.

The Minister of Information and Culture said Germany did not colonize Nigeria and was not part of the looting of the artefacts, adding that
many of the Benin Bronzes in German public institutions got there via trade and donations.

''Yet, Germany and the great people of this nation decided it is better to shape the future by correcting the ills of the past. I have
no doubt in my mind that this pace-setting action by the Federal Government of Germany will become a harbinger of more
repatriation of cultural property to their place of origin, as other museums and institutions are expected to take a cue from what Germany
has done.

''Germany has gained more friends in Nigeria and all over the world by returning to Nigeria what rightfully belongs to it,'' he said.

On his part, the Minister of State for Foreign Affairs, Ambassador Zubairu Dada, called Germany the 'champion of justice and fairness'.

Also Speaking, the Minister of Foreign Affairs of Germany, Ms. Baerbock, said: ''It was wrong to take the (Benin) bronzes. It was wrong to keep them for (125 years). This is the beginning to right the wrong.''

In a symbolic gesture signifying the impending return of the artefacts, two of the Benin 
Bronzes were handed over to Nigeria at the signing ceremony.

The signing was witnessed by top Nigerian and Germany government officials, including the Nigerian Ambassador to Germany, Mr. Yusuf
Tuggar, and the Director-General of Nigeria's National Commission for Museums and Monuments, Prof. Abba Tijani.

Segun Adeyemi
Special Assistant to the President (Media)
Office of the Minister of Information and Culture
Berlin, Germany
1 July 2022

PICTURE

L-R : Germany’s Minister of Foreign Affairs, Ms Annalena Baerbock; Minister of Information and Culture Lai Mohammed; Germany’s Minister of State for Culture and the Media Claudia Roth and the Minister of State for Foreign Affairs, Zubairu Dada, at the signing of the Joint Declaration for the return of Benin Bronzes in Berlin on Friday.


 

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