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 DIRECTS THE TOTAL RECALL OF ALL CAREER AND NON-CAREER AMBASSADORS.(PHOTO).#PRESS RELEASE

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PRESIDENT TINUBU DIRECTS THE TOTAL RECALL OF ALL CAREER AND NON-CAREER AMBASSADORS



President Bola Tinubu has directed the recall of all career and non-career ambassadors from their duty posts worldwide.


The President's directive is sequel to his careful study of the present state of affairs at Nigerian Consulate Offices and Embassies worldwide, and in line with the President's renewed hope agenda, the President is determined to ensure that world-class efficiency and quality, will henceforth, characterize foreign and domestic service delivery to citizens, residents and prospective visitors alike.


To this end, the President further directs that Nigeria's United Nations Permanent Representatives in New York and Geneva be exempted from this total recall, in view of the upcoming United Nations General Assembly, holding later this month.


By the directive of the President, the recall of the affected officers takes immediate effect.


Chief Ajuri Ngelale


Special Adviser to the President


(Media & Publicity)


September 2, 2023

 

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