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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BILL GATES URGES NIGERIAN GOVT TO IMPROVE INVESTMENT IN EQUITABLE SOLUTIONS.(PHOTO).

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BILL GATES URGES NIGERIAN GOVT TO IMPROVE INVESTMENT IN EQUITABLE SOLUTIONS



The Co-chair of, Bill and Melinda Gates Foundation, Bill Gates, has urged the Federal Government to improve investment in equitable solutions and in the people who are working on them.

He said this during the Pan-African Youth Innovation Forum on Wednesday in Lagos, as part of activities for his visit to Nigeria.

The Forum had the theme: Advancing Africa: Unleashing the Power of Youth in Science and Innovation.
Mrs. Gates said that Nigeria was full of talented people with a lot of potential, but noted that it could be hard to fulfil that potential if they don’t have access to the most basic building blocks of life.

Mr. Gates said that he would speak with the government about increasing commitments to agriculture and digital financial systems.

According to him, Nigerian youths have shown how passionate they are about progress, but they need to encourage their leaders to follow through on these commitments.

Mr. Gates said that talented youths are a powerful asset to making the world a better place.

 

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