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

SENATE PRESIDENT CONDEMNS ATTACK ON SENATOR IKE EKWEREMADU IN GERMANY.#PRESS RELEASE.

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     The President of the Senate, Ahmad Lawan, has unreservedly condemned the shameful assault on former Deputy President of the Senate, Senator Ike Ekweremadu, on Saturday in Nuremberg, Germany.
Senator Ekweremadu was to give a keynote address at the Second Igbo Annual Cultural Festival and Convention organised by Ndi-Igbo Germany in that city when a mob, which identified itself as members of the Indigenous People of Biafra (IPOB), invaded the venue to attack an illustrious son of Ndigbo who in his political career has consistently identified with and defended the cause of his people. "It is incredibly absurd for anybody to blame the distinguished Senator for the violent criminal activities in his home base, the purported reason cited by the mob for the bewildering attack.
"Senator Ekweremadu, like all his distinguished colleagues in the Ninth Assembly of the Senate, is concerned about the insecurity and other challenges in that area and other parts of Nigeria.”


“Senator Ekweremadu has also been at the forefront of the patriotic efforts to find lasting solutions to the challenges.”
"The barbaric attack on Senator Ekweremadu at a forum to which he was invited to contribute to charting a course for the progress and happiness of Ndigbo debase our values as civilised people.
It is is most reprehensible and should be condemned by all right-thinking Nigerians," Lawan said.
He urges the German authorities to identify those involved in the despicable act so that the law can take its course against them.
Lawan urges Nigerian to always reflect deeply and broadly before embarking on a course of action and advises the youth to ventilate whatever grievances they have along lines prescribed by the law and recommended by reason and democratic ethos.
The Senate President also urges Senator Ekweremadu not to be deterred by the incident from his path of service to his people and Nigerians in general, but to take it as part of the sacrifice of leadership.
Ola Awoniyi
Special Adviser on Media to President of the Senate.
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