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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TINUBU JETS OUT OF NIGERIA 19 DAYS TO SWEARING-IN. (PHOTO).

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 Tinubu Jets Out Of Nigeria 19 Days To Swearing-in


May 10, 2023


The President-elect, Bola Tinubu, on Wednesday, left Nigeria for Europe on a working visit.


This is coming Two weeks after he returned to the country from a trip to London, Saudi Arabia and Paris.


So This Happened (202) Reviews Lagos Bizman’s Arraignment Over Wife’s Death,…

This was contained in a statement signed by his media aide, Tunde Rahman.


According to the statement, Tinubu will use the opportunity of the trip to finetune the transition plans and programmes, and his policy options with some of his key aides without unnecessary pressures and distractions.


During the visit, the President-elect will engage with investors and other key allies with the goal of marketing investment opportunities in the country and his administration’s readiness to enable a business-friendly climate through policies and regulations.


The statement read, “Already, meetings with multi-sectoral actors in Europe’s business community including manufacturing, agriculture, tech and energy have been lined up.


“Asíwájú Tinubu hopes to convince them of Nigeria’s readiness to do business under his leadership through mutually-beneficial partnerships premised on jobs creation and skills acquisition.


“Reviving the country’s economy forms a major plank of Tinubu’s Renewed Hope agenda and the meeting is part of his efforts to re-establish Nigeria’s importance in the global economic chain and create empowering opportunities for the country’s huge youth population.


“The President-elect has hitherto promised to hit the ground running and the visit is reflective of his commitment to the promise as he has already begun talks with global actors in the important areas of the economy and security.


“Before he left the country, Asíwájú Tinubu met with the House of Representatives candidates for Speaker and Deputy Speaker endorsed by his party, the All Progressives Congress, Hon. Tajudeen Abbas and Hon. Benjamin Kalu, who were presented to him by Joint Task Team of the House.”


Tinubu, a former Lagos State governor, is expected to return “shortly” for preparations for his official swearing-in as the 16th President of the country on May 29, 2023.

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