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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PRESIDENT TINUBU CONGRATULATES MUSLIMS ON EID MAULUD. (PHOTO). #PRESS RELEASE.

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 STATE HOUSE PRESS RELEASE


PRESIDENT TINUBU CONGRATULATES MUSLIMS ON EID MAULUD


President Bola Tinubu has sent a message of goodwill and congratulations to Nigerian Muslims on this year's commemoration of the Maulud Nabiy, the birthday of Prophet Muhammad. 

 

The President urged Muslims to use the period for deep reflection and remembrance of the Holy Prophet's exemplary conduct and noble teachings.  

 

"As we mark the Maulud, we should all reflect on the life lived by Prophet Muhammad, exemplified by purity, selflessness, perseverance, kindness and compassion. We must endeavour to imbibe those virtues," he said.  

 

President Tinubu also urged the Muslim faithful to dedicate the Maulud holiday to pray for the country and show empathy and compassion toward one another. 

 

Bayo Onanuga 

Special Adviser to the President 

Information and Strategy 

September 15, 2024

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