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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APC ASKS A REP MEMBER TO RETRACT COMMENT ON BUHARI OR FACE RECALL.{PHOTO}.

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    The All Progressives Congress (APC) in Mashi Council of Katsina State has asked House of Representatives member, Mansur Mashi, to retract comments made against President Muhammadu Buhari or risk recall.
Speaking on behalf of some members of the ruling party at a press conference, the chairman, Armaya’u Doka, said the comment belittled the APC and members of his constituency in Katsina.
Doka said the lawmaker, who represents Mashi/Dutsi Federal Constituency, had said that the only way Nigeria could progress was for Buhari to go the way of Umaru Musa Yar’Adua who died in office.
His words, “The honourable said Buhari had to leave the scene the way the late Yar’Adau did, so that his vice, (Prof. Yemi) Osinbajo, would take over, and that such was the only way Nigeria could make progress.”
According to the party chair, the lawmaker likened the APC to a football team that had lost steam, “and may not be able to win majority votes in the next general election.”
He also said that Mashi, in an audio recording making the rounds in the state, described his constituents, who voted him into office, as ignorant and bunch of illiterates.
The chairman wondered why a lawmaker elected on APC platform should make such comments on Buhari, his constituency members and the party that brought him to office.
“The audio of what the lawmaker said is out there for all to listen to. By the grace of God, APC will win in the 2023 general elections and the party will only continue to grow stronger.
“We call on the APC to call him to order and the National Assembly to suspend him for making such comments.
“If our call is not heeded, we, as members of his constituency, have the right to take necessary action that is within the ambit of the law. And when we begin to take action, nobody should come and beg or ask us to refrain from what we are doing, as we have allowed avenue for action to be taken against him.”
When contacted, Mashi said he would reserve his comments since the matter was under investigation by the police.
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