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 MEETS TRADITIONAL, SPIRITUAL LEADERS IN MAKKAH.(PHOTO).#PRESS RELEASE.

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 PRESIDENT BUHARI MEETS TRADITIONAL, SPIRITUAL LEADERS IN MAKKAH

 


As part of his ongoing official engagements in the Kingdom of Saudi Arabia, President Muhammadu Buhari hosted religious and traditional leaders from across the six geopolitical zones of the country at an Iftar dinner (breaking of fast).

 

At the end of the event, President Buhari underscored the policy of his administration to develop all parts of the country without discrimination.

 

He expressed the hope that the special occasion of Ramadan will deepen the spirit of harmony in our nation and inspire citizens to work hard for the country and care for those who are in need. 

 

The President expressed his appreciation to his guests, the traditional and spiritual leaders whom he said, “have the unity of the country so deep-rooted in the mind of every one of you.”

 

The Emirs of Kano and Bichi in Kano State, Alhaji Aminu Ado Bayero and Alhaji Nasiru Ado Bayero respectively who spoke after the event said only a united country can move forward and attain its goals. 

 

The religious leaders in attendance were Malam Abubakar Abdulwaheed Sulaiman, the Chief Imam of Aso Rock Villa, Sheikh Al-Kanawi Alhassan Ahmed, Dr Bashir Aliyu Umar, Muhammad Kamaluddeen Lemu, Nuruddeen Danesi Asunogie, Alhaji Abdulrasheed Adiatu and Sheikh Haroun Ogbonnia Ajah. 

Others were Alhaji Ibrahim Kasuwar Magani, Professor Shehu Ahmed Sa’id Galadanchi and Alhaji Bala Lau. 

 

The President had also met the Otaru of Auchi, Dr Aliru Highbred Momoh, Emir of Lafia, Justice Sidi Mamman Bage, Emir of Bauchi, Rilwan Adamu Sulaiman, Akadiri Saliu Momoh, Abdulfatah Chimaeze Emetumah, Fatima Ijeoma Emetumah and Alhaji Isa Sanusi Bayero. 

 

Prayers were offered for peace in the country, the successful end of the term of the President and for the success of the incoming administration.

 

Garba Shehu

Senior Special Assistant to the President

(Media & Publicity)

April 18, 2023

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