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 TO ATTEND THE INAUGURATION OF PRESIDENT MAHAMAT DÉBY OF CHAD. (PHOTO). #PRESS RELEASE.

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 STATE HOUSE PRESS RELEASE 


PRESIDENT TINUBU TO ATTEND THE INAUGURATION OF PRESIDENT MAHAMAT DÉBY OF CHAD



President Bola Tinubu will on Thursday, May 23, depart Abuja for N'Djamena, the Republic of Chad, to attend the inauguration of President Mahamat Déby.


The inauguration of President Déby follows his declaration as the winner of the country's presidential election earlier this month and subsequent affirmation by the Constitutional Court of Chad.


President Tinubu will be accompanied on the trip by senior government officials and will return after the ceremony.


Chief Ajuri Ngelale


Special Adviser to the President 


(Media & Publicity)


May 22, 2024

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