INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

Image
  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

ANGOLA TO OPEN VISA, INVESTMENT CENTRE IN PORT HARCOURT ON TUESDAY. (PHOTO).


 Angola to open visa, investment centre in Port Harcourt on Tuesday


Angola Embassy on Sunday, March 31, announced the opening of a visa and investment centre in Port Harcourt.

According to a statement by the embassy, the Centre will be inaugurated on Tuesday, April 2, as part of the activities marking rather 4thof April Day of Peace and National Reconciliation in Angola.

The country is currently have two visa centres in Nigeria, Lagos and Abuja.

The statement reads: “As part of the activities to celebrate the 4th of April, Day of Peace and National Reconciliation in Angola, a Visa Application Centre will be inaugurated this Tuesday, 04/02, in the Nigerian city of Port Harcourt, in order to obviate the need to travel to Abuja and Lagos.

“The centre, a partnership between the Embassy of Angola in Nigeria and the company Akwa Helmes International Limited – AHIL, has facilities for applying for visas, increasing investment attractiveness, supporting the oil and gas industry, as well as promoting sun-sea and adventure tourism.

“Its services will extend to hotel reservations, ticket sales and air connectivity to destinations operated by Angola’s national airline, TAAG.

“H.E. Siminalayi FUBARA, Governor of Rivers State, is the special guest of H.E. Ambassador José Bamóquina ZAU to witness the inauguration of a centre for economic, cultural and tourist rapprochement between Angola and Nigeria.

“The city of Port Harcourt, in Rivers State (with a population of about 10 million), is located in the heart of the vast Niger Delta, where the main petroleum and petrochemical industries, two large state-owned refineries, two seaports, universities and scientific and technological institutes are located.

“Most of the businessmen and technicians working in Angola’s oil and gas industry come from this region, but the local authorities want to intensify academic cooperation with training institutes and technical internships in the oil and gas industry.”

Comments

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

SSANU, NASU THREATEN STRIKE OVER WITHHELD SALARIES. (PHOTO).