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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INDIA REITERATES COMMITMENT TO PARTNERING NIGERIA FOR BETTER LIFE.(PHOTOS).

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India Reiterates Commitment To Partnering Nigeria For Better Life



The High Commission of India in Nigeria has reiterated its commitment to strengthening business and economic relations with Nigeria. 

The High Commissioner of India, Gangadrine Balasubramanian, who made tha promise at the independence celebration of India in Abuja , said, the India /Nigeria relationship started many years back with the establishment of its office in Lagos.

This relationship according to the India High Commissioner, has remained strong, and developed into multifaceted ways almost in all places including human capitial development hence they as a country, are happy with the assistance and cooperation of successive governments in Nigeria.

He said trade and economic relations between the two countries has remained strong with about 35 Indian companies in the country and they are not moving away from the traditional areas of cooperation but diversifying into new areas including information technology, artificial intelligence with scientific development, solar energy among others. 

Balasubramanian, who had earlier read the Indian President's message to the nation, stressed that his country will continue to cooperate with Nigeria in finding solutions to the insecurity in the country as the business between them has since after COVID-19 lock down, increased on both sides with India importing about ten billion dollars worth of oil from Nigeria. 

The Independence celebration saw India children and their parents thrilling the audience with their various musical and dance displays.
More photos below. 



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