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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PRES. TINUBU CONGRATULATES AFDB PRES. AKINWUMI ADESINA ON AWARD OF OBAFEMI AWOLOWO PRIZE FOR LEADERSHIP . PHOTO). #PRESS RELEASE

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 STATE HOUSE PRESS RELEASE 


PRESIDENT TINUBU CONGRATULATES AFDB PRESIDENT AKINWUMI ADESINA ON AWARD OF OBAFEMI AWOLOWO PRIZE FOR LEADERSHIP 



President Bola Tinubu congratulates Dr. Akinwumi Adesina, President of the African Development Bank (AfDB), on the award of the prestigious Obafemi Awolowo Prize for Leadership.


Dr. Adesina joins the pantheon of other previous winners of the award such as Nigeria's Nobel Laureate, Professor Wole Soyinka; former President of South Africa, Thabo Mbeki, and lawyer-educationist, Chief Afe Babalola.


President Tinubu commends the AfDB President for his visionary and noble endeavour to transform agriculture in Africa and ensure food security on the continent, recalling the growth enhancement schemes revolutionizing Nigeria’s agriculture value chains he introduced as the then Minister of Agriculture and Rural Development.


The President acknowledges Dr. Adesina's unblemished records, tried and tested integrity, as well as his immense leadership and development strides, particularly in agriculture, efforts of which have earned him numerous honours and recognition globally, including the World Food Prize in 2017.


President Tinubu wishes the AfDB President more success at AfDB and strength in his service to Africa and to humanity at large. 


Chief Ajuri Ngelale 


Special Adviser to the President 


(Media & Publicity)


March 6, 2024

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