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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MARITIME SECURITY: PRESIDENT BUHARI TO ATTEND SUMMIT OF GULF OF GUINEA HEADS OF STATE AND GOVERNMENT IN GHANA .(PHOTO).#PRESS RELEASE.

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MARITIME SECURITY: PRESIDENT BUHARI TO ATTEND SUMMIT OF GULF OF GUINEA HEADS OF STATE AND GOVERNMENT IN GHANA 


 
President Muhammadu Buhari will depart Abuja for Accra on Tuesday, April 25 to attend the 3rd Extraordinary Session of the Assembly of Heads of State and Government of the Gulf of Guinea Commission, (GGC) convened by President Nana Akuffo-Ado of Ghana.

 
The President is scheduled to participate and deliver remarks at the high-level discussion on strategies for strengthening peace and security in the fight against maritime-related crimes in the region. 
  
As the immediate past Chair of the Assembly, President Buhari had championed collective efforts by Member States of the region, the Economic Community of Central African States (ECCAS), the Economic Community of West African States (ECOWAS), the Gulf of Guinea Commission (GGC) and their partners to address and prevent piracy. 
 
In June, 2019, Nigeria’s National Assembly passed the Suppression of Piracy and Other Maritime Offences Act, 2019, (POMO Act) which aims to prevent and suppress piracy, armed robbery and  other unlawful acts against a ship. 

 
The President will be accompanied by the Minister of Foreign Affairs, Geoffrey Onyeama, the National Security Adviser (NSA), Maj.-Gen Babagana Monguno (Rtd), the Director General, National Intelligence Agency, (NIA), Ambassador Ahmed Rufai Abubakar, among other government officials.

 
 
Femi Adesina
Special Adviser to the President
(Media and Publicity)
April 24, 2023


 

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