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 TABLE TENNIS CHAMPION ARUNA QUADRI ON ITTF AFRICA CUP VICTORY. (PHOTO). #PRESS RELEASE.

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 STATE HOUSE PRESS RELEASE 


PRESIDENT TINUBU CONGRATULATES TABLE TENNIS CHAMPION ARUNA QUADRI ON ITTF AFRICA CUP VICTORY


President Bola Tinubu congratulates Nigeria's table tennis pacesetter, Mr. Aruna Quadri, on winning the International Table Tennis Federation (ITTF) Africa Cup title.


Mr. Quadri achieved a resounding victory in the final match of the 2024 ITTF Africa Cup in Rwanda, reclaiming his title and sealing his place as Africa's table tennis champion. 


President Tinubu commends the table tennis star for his dogged pursuit of excellence even in the face of gnawing obstacles, declaring that the zeal for distinction, the hardiness to succeed, and the inventiveness to solve complex problems are the exceptional qualities that define Nigerians.


The President also notes the recent progress in the nation's sports sector, with remarkable performances in the African Games, the Africa Cup of Nations, and the World Relay Championships, and emphasizes that his administration will continue to foster the growth and development of sports in the country.


The President reassures Nigerians that his administration remains dedicated to expanding the space of opportunities across diverse fields for Nigeria's creative youths.


Chief Ajuri Ngelale 


Special Adviser to the President


(Media & Publicity)


May 15, 2024

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