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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FOOD SECURITY: SHETTIMA ARRIVES US TO PARTICIPATE IN AFDB EVENT.(PHOTO).

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Food Security: Shettima arrives US to participate in AfDB event

Vice President Kashim Shettima has arrived the United States of America (USA) to participate in the AfDB World Food Prize-facilitated Norman E. Borlaug International Dialogue slated for Iowa.
This was revealed in a statement issued by Senior Special Assistant to the President on Media and Publicity, Office of the Vice President, Stanley Nkwocha, on Sunday.
As the special guest, the Vice President is due to deliver the keynote address at the event which commences on October 24th, 2023. In the itinerary of the Vice President while in the US are high stake meetings across some states of the US with manufacturers, investors and top government officials.
On the Norman E. Borlaug International Dialogue, VP Shettima as stated earlier, will be joining the late former United Nations Secretary-General and AGRA founder, Kofi Annan; World Food Prize Laureates; Ghana President, John Kufuor and AfDB President, Akinwunmi Adesina; former President Olusegun Obasanjo; Presidents Felix Tshishiked and Joaquim Chissano; Joyce Banda; Ameenah Gurib – Fakim and IFAD President, Kanayo Nwanze, as distinguished African leaders who in the past have used the event to canvas support for agricultural development and food sufficiency in Africa.
The Vice President will use the platform to speak to the potentialities and endowments of Nigeria’s agricultural sector, woo investors and push for commitments in achieving President Bola Ahmed Tinubu’s mandates and programmes for Nigeria’s agro-food sector.

 

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