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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VICE PRESIDENT SHETTIMA TO LEAD NIGERIA'S DELEGATION TO 79th UNITED NATIONS GENERAL ASSEMBLY. (PHOTO). #PRESS RELEASE.

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 STATE HOUSE PRESS STATEMENT


VICE PRESIDENT SHETTIMA TO LEAD  NIGERIA'S DELEGATION TO 79th UNITED NATIONS GENERAL ASSEMBLY


 


President Bola Tinubu will not attend the 79th United Nations General Assembly session in New York this year. 


 


The President has thus directed Vice President Kashim Shettima to lead Nigeria's delegation. 


 


President Tinubu, who returned to the country last Sunday after his trip to China and the United Kingdom, wants to focus on domestic issues and address some of the country's challenges, especially after the recent devastating flooding.


 


At UNGA 79, Vice President Shettima will deliver Nigeria's national statement to the General Assembly, attend important sideline events, and hold bilateral meetings.


 


The high-level General Debate, with the theme "Leaving no one behind: Acting together for the advancement of peace, sustainable development and human dignity for present and future generations," will run from Tuesday, September 24, through Saturday, September 28, 2024.


 


Bayo Onanuga 


Special Adviser to the President 


(Information & Strategy)


September 19, 2024

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