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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VP SHETTIMA TO REPRESENT PRESIDENT TINUBU AT G77+CHINA LEADERS’ SUMMIT IN HAVANA, CUBA.(PHOTOS).

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VP SHETTIMA TO REPRESENT PRESIDENT TINUBU AT G77+CHINA LEADERS’ SUMMIT IN HAVANA, CUBA



Vice President, Kashim Shettima will depart Abuja today to represent President Bola Tinubu at the G77+China Leaders’ Summit in Havana, Cuba from 15th to 17th September, 2023.


He will be joining other world leaders, including the United Nations Secretary-General, Antonio Gutteres at the Summit to deliberate on development issues facing members mostly from the global south. The Summit will equally explore proactive ways of addressing challenges facing the development of the member-states leveraging science, technology and innovation to enhance socio-economic growth.


Also, The Vice President will on the sidelines of the Summit hold bilateral meetings with other world leaders to promote Nigeria’s trade and investment relations in line with the economic development diplomacy of the Tinubu administration.


The Havana Summit is being hosted by the President of the Republic of Cuba, Miguel Díaz-Canel in his capacity as Chairman of the G77 and China, under the theme: “Current Development Challenges: The Role of Science, Technology and Innovation.” 


Nigeria is a founding member of the G77 group which was established in 1964 by seventy-seven developing countries. The group - a coalition of 134 developing countries with 80% of world population, aims to promote its members' collective economic interests and create an enhanced joint negotiating capacity in the United Nations. 


The Vice President is accompanied on the trip by the Minister of Agriculture and Rural Development, Abubakar Kyari; Minister of Innovation, Science and Technology, Uche Nnaji, and the Permanent Secretary, Ministry of Foreign Affairs, Amb. Adamu Lamuwa, amongst others.

More photos below. 


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