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

GOV. FAYOSE CONFERRED WITH THE AWARD OF ''MAN OF THE PEOPLE'' BY SILVERBIRD GROUP ON FRIDAY IN LAGOS.{PHOTOS}.

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      Ekiti State Governor, Chief Ayodele Fayose, has said the corporate existence of Nigeria is being threatened by selective administration of justice, marginalisation, vendetta against perceived political opponents among others and called on well-meaning citizens to rise up and salvage the situation before it is too late.
This is just as he decried the level of poverty in the country, adding that many Nigerians are dying in silence with nobody standing up for them.
He therefore called on people of good conscience not to allow their voices to be silenced because of possible political antagonism or persecution.
He spoke in Lagos on Friday night while being conferred with the award of Man of the People by the Silverbird Group.
In a statement by his Chief Press Secretary, Mr Idowu Adelusi, he quoted the governor as saying that the major step to take to solve the problem was in going back to the basics and restructuring the country.
Fayose, who fielded questions from newsmen after the event, said he would not allow anybody to drown his voice or silence him no matter what it would cost.
"A lot of people we know to be vocal have lost their voices. Some have taken cover under the beds of their wives. We are in a perilous time and I appreciate those who are still standing for the people at this time. For me I will remain a man. Some people have kept quiet because they fear that they may be persecuted.
"But should we all keep quiet when people are oppressed and suppressed and blatantly marginalised? Look at the level of poverty in the country, it is sickening. The standard of living has gone down. And how do we explain a situation where some people are treated as slaves and others as princes. This country belongs to all of us. It is in serious need now and we must salvage the situation," he said.
On the call for restructuring, Fayose said he aligned with the call made many years ago by the late Dim Emeka Odumegwu Ojukwu that the country must be restructured.
He noted that the issues that led to the civil war were yet to be resolved many decades after.
"I was moved by what the late Chief Ojukwu said many years ago and never knew his wife would be the one to present this award to me. We should go back to the basics or we are going no where. We are one and the same and no section must be marginalised," he said.
While charging leaders to make laws for the good of the people, he noted that such laws must be obeyed by all.
Fayose added that the law prohibiting open grazing in Ekiti State has come to stay, warning that anybody who crosses the line would be dealt with.
While presenting the award to Fayose, former Nigerian Ambassador to Spain, Mrs Bianca Ojukwu, described Fayose as an irrepressible governor of the people.Also speaking, the Chairman of the Silverbird Group, Senator Ben Murray-Bruce, said all the award winners were men and women who deserved to be so recognised.More photos below.
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