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

TELL NIGERIANS NATURE OF TINUBU'S TRIP TO FRANCE- ATIKU'S AIDE TO PRESIDENCY. (PHOTO)


 Tell Nigerians nature of Tinubu’s trip to France – Atiku’s aide to Presidency


The spokesman to former Peoples Democratic Party, PDP, presidential candidate, Atiku Abubakar, Paul Ibe, on Tuesday, charged the President to explain to Nigerians the duration of President Bola Tinubu’s visit to France.


Ibe also charged the Presidency to explain to Nigerians the nature of Tinubu’s engagement in France.


A statement by Tinubu’s Special Adviser on Media and Publicity, Ajuri Ngelale had informed that the President will be departing Abuja, the nation’s capital for France.


Ngelale explained that the President would return to Nigeria after his brief work stay in France.


The statement was, however, silent on the motive for the President’s trip.


Reacting, Ibe said Nigerians have taken a cue from the late President Musa Yar’Adua; hence the need for transparency over Tinubu’s trip to France.


Posting on X, Ibe wrote: “Could you kindly elucidate the duration of President Bola Tinubu’s visit to France, or is this engagement open-ended?


“Furthermore, might you provide insight into the nature of the “brief work” being undertaken in France, or is this matter held in secrecy?


“Given that the President of Nigeria serves as a public steward funded by the nation’s resources, it is of paramount importance that Nigerians are kept apprised of his travel plans, objectives, and schedules.


“I trust that, having learned from the Yar’Adua experience, we are committed to upholding a higher standard of transparency.”

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).