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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FG,UAE REACH AGREEMENT ON RESUMPTION OF TRAVELS FOR NIGERIAN PASSPORT HOLDERS.(PHOTO).#PRESS RELEASE

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 SPECIAL ANNOUNCEMENT

 

FG, UAE Reach Agreement on Resumption of Travels for Nigerian Passport Holders 


Following successful talks and extensive, mutually beneficial negotiations between the Government of the United Arab Emirates and the Government of the Federal Republic of Nigeria, an agreement was reached allowing for the resumption of travel to the UAE for Nigerian passport holders.

 

This agreement includes updated controls and conditions to facilitate obtaining a UAE visa. The resumption of visas will be effective from July 15, 2024. Nigerians wishing to learn more about the updated visa conditions from the UAE can visit: documentverificationhub.ae for any additional information .  

#NigeriaUAE #GoodNews

 

Mohammed Idris

Minister of Information and National Orientation.

July 15,2024

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