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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'I WILL RUN AN OPEN DOOR POLICY', BETTA EDU ASSURES.(PHOTO).

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'I WILL RUN AN OPEN DOOR POLICY', BETTA EDU ASSURES


22nd August, 2023   

Newly appointed minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, has declared that she will run an open door policy as minister of the Federal Ministry of Humanitarian Affairs and Poverty Alleviation,

She stated this during a welcome ceremony at her official assumption of office as minister shortly after the swearing in ceremony of ministers at the Presidential villa, Monday in Abuja.

Edu assures that she is ready to work with stakeholders to ensure the furtherance staff of the ministry to recommit themselves to efficient service delivery to Nigerians.

“I am open to suggestions, I am open to advice so I will run an open door policy, I like to listen, I like to learn and I like to teach. I also like to push for results so I can call you at 2 AM bcause we have to get the job done.

“A lot of people in Nigeria are living under one dollar ninty cents per day, this will not continue, President Bola Ahmed Tinubu has said that this is the end, we must bring renewed hope.

“Finally, we will be reviewing a number of points as we go along. I will be bringing several innovations on board through the ministry and through the agencies that the ministry supervises but what is must important is that we keep our focus on lofty a hundred and twenty-tgree million Nigerians out of poverty and yes we can do it with determination and strong political backing from his excellency, (President Tinubu), till we achieve results,” she said

Edu said she is committed to ensuring that the ministry is one of the best and that staff welfare will be well catered for.

Credit: guardian



 

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