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 MOURNS ADETIRAN, COMPOSER OF NYSC ANTHEM.(PHOTO).#PRESS RELEASE.

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 PRESIDENT BUHARI MOURNS ADETIRAN, COMPOSER OF NYSC ANTHEM


President Muhammadu Buhari condoles with the Adetiran family, their friends and associates on the passage of an accomplished musicologist, Assistant Venerable Oluwole Isaac Adetiran, who passed on at 75.

 

The President urges the family to take solace in the quality of life lived by the departed, having left his footprints on the sands of time as composer of the NYSC Anthem, sung round the country, and inspiring innumerable youths.

 

President Buhari prays God to rest the soul of the former Head, Department of Music, The Polytechnic, Ibadan, Director of Music, Celestial Church of Christ Worldwide, and holder of the Member of the Order of the Niger (MON) National Award.

 

He charges the younger generation to learn lessons from the devotion of the departed to both secular and spiritual things, and excelling in all.

 

Femi Adesina

Special Adviser to the President

(Media and Publicity)

July 14, 2022

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