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 ALIKO DANGOTE ON THE AWARD OF NATIONAL ORDER OF THE LION BY SENEGAL. (PHOTO). #PRESS RELEASE

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STATE HOUSE PRESS RELEASE 

PRESIDENT TINUBU CONGRATULATES ALIKO DANGOTE ON THE AWARD OF NATIONAL ORDER OF THE LION BY SENEGAL



President Bola Tinubu congratulates Alhaji Aliko Dangote, President and Chief Executive Officer of Dangote Group, on the award of the National Order of the Lion by President Macky Sall of Senegal.


The award is the highest order of Senegal and will be bestowed on the foremost businessman on February 2, 2024.


President Tinubu applauds the industrialist for his enterprise and ingenuity, creating jobs and opportunities for many in Nigeria and across West Africa, as well as contributing to their economies, which the award further affirms.


The President commends Mr. Dangote and wishes him the very best in his endeavours.


Chief Ajuri Ngelale 


Special Adviser to the President 


(Media & Publicity)


February 1, 2024


 

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