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

NORTHERN ELDERS FORUM: GENERAL WITHOUT TROOPS-PRESIDENCY.#PRESS RELEASE.

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      Professor Ango Abdullahi on Sunday signed a long-winding statement on many issues relating to the North, and purportedly to the country.
The former vice chancellor signed the statement under the banner of Northern Elders Forum (NEF). Hearing that title, you would think the body was a conglomeration of true elders. But the truth is that NEF is just Ango Abdullahi, and Ango Abdullahi is NEF. It is a quasi-organization that boasts of no credible membership, and its leader is akin to a General without troops.
Before the 2019 presidential election, the one-man army called NEF had shown its antipathy against President Muhammadu Buhari, and its preference for another candidate. They all got beaten together.
NEF is merely waving a flag that is at half-mast. President Buhari steadily and steadfastly focuses on the task of retooling Nigeria, and discerning Nigerians know the true state of the nation. They don’t need a paper tiger to tell them anything.
Femi Adesina
Special Adviser to the President
(Media and Publicity)
February 9, 2020.
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