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 TINUBU CONGRATULATES GOVERNOR HOPE UZODIMMA ON HIS ELECTION AS CHAIRMAN PROGRESSIVE GOVERNORS' FORUM.(PHOTO).#PRESS RELEASE.

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PRESIDENT TINUBU CONGRATULATES GOVERNOR HOPE UZODIMMA ON HIS ELECTION AS CHAIRMAN PROGRESSIVE GOVERNORS' FORUM


His Excellency, President Bola Ahmed Tinubu GCFR, has congratulated Governor Abdulrazaq Abdulrahman of Kwara State and Governor Hope Uzodimma of Imo State as they emerged Chairmen of Nigerian Governors' Forum (NGF) and Progressive Governors' Forum (PGF), respectively.

The President's felicitation was contained in a statement from the State House on Thursday wherein he said: "I congratulate the Governor of Kwara State, His Excellency Abdulrahman Abdulrazaq, on his emergence as the Chairman of the Nigerian Governors Forum (NGF), and the Governor of Imo State, His Excellency Hope Uzodimma, on his election as the Chairman of the Progressive Governors' Forum (PGF).

"In the same vein, I also congratulate His Excellency Seyi Makinde, the Governor of Oyo State and his Kaduna State counterpart, His Excellency Senator Uba Sani, on their elections as Deputy Chairmen for the two respective forums," he said. "Being called upon by their peers to lead them is a testament to the trust and confidence reposed in them by the Governors," President Tinubu added.

The President tasked the new leaders to use their tenures to advance the peace, unity and socioeconomic development of the country and join hands with his administration to engender the Renewed Hope agenda.

He said, "as Chief Executives of States, Governors are critical to the overall success of our administration and the desire for a Nigeria that works for all. "As an important fulcrum in our journey to a more prosperous and safe country, what States do or do not do matters a lot. 

"I am therefore obliged to ask the new leaders to use their good offices to bring about a convergence of vision between the Federal Government, under my leadership, and Governments at the State level", said Mr. President.



 

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