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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ANGOLAN AMBASSADOR TO NIGERIA, HAS CALLED ON NIGERIAN INVESTORS TO EXPLORE OPPORTUNITIES IN ITS BOOMING ECONOMY AS IT COMMEMORATES 49 YEARS OF INDEPENDENCE FROM PORTUGAL. (PHOTO).

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 Angolan Ambassador to Nigeria, Jose Bamoquina Zau has called on Nigerian investors to explore opportunities in its booming economy, as it commemorates 49 years of independence from Portugal.


At the Independence Day celebration in Abuja, Ambassador Jose Bamoquina Zau, highlighted the role of strengthening economic, political, and military cooperation between both nations. 


He announced plans to establish the Angola-Nigeria Bilateral Joint Commission and invited Nigerian investors to participate in key projects across Angola, including investments in the Lobito Refinery, Luanda International Airport, Barra do Dande Free Trade Zone, and a 1,300-kilometer highway project.


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