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 CONDOLES WITH NSA NUHU RIBADU OVER BROTHER'S PASSING. (PHOTO). #PRESS RELEASE.

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 STATE HOUSE PRESS RELEASE 


PRESIDENT TINUBU CONDOLES WITH NSA NUHU RIBADU OVER BROTHER'S PASSING



President Bola Tinubu has condoled with the National Security Adviser (NSA), Mallam Nuhu Ribadu, over the passing of his brother, Salihu Ahmadu Ribadu, who died on Sunday in Yola, Adamawa State.


The President was represented by his Chief of Staff, Honourable Femi Gbajabiamila, who led a federal government delegation on a condolence visit to Yola, on Tuesday.


Speaking at the Ribadu family home in Yola, the Chief of Staff said President Tinubu is saddened by the loss and describes it as "painful and irreparable."


"Mr. President has mandated us to come to Yola and condole with a valued member of his team, the National Security Adviser, and by extension the rest of the family over the sad loss suffered by them. 


"The loss of a close family member like this is very painful, and it is therefore important for friends and family to come together and commiserate with the bereaved family," Honourable Gbajabiamila said. 


The Chief of Staff was accompanied by the Deputy Chief of Staff to the President, Senator Ibrahim Hadejia; Minister of Information and National Orientation, Alhaji Mohammed Idris; Minister of Education, Professor Tahir Mamman; Minister of Arts and Creative Economy, Barrister Hannatu Musawa; Minister of State for Health and Social Welfare, Dr. Tunji Alausa, and Special Adviser to the President on General Duties (Office of the Vice President), Dr. Aliyu Modibbo Umar. 


Chief Ajuri Ngelale


Special Adviser to the President


(Media & Publicity)


May 7, 2024

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