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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REPORT ON ELECTORAL BILL NOT ALTERED-GBAJABIAMILA.{PHOTOS}.#PRESS RELEASE.

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 Report on Electoral Bill not altered — Gbajabiamila


...says House'll consider, pass authentic report in days


06/07/2021


The Speaker of the House of Representatives, Rep. Femi Gbajabiamila, reacted on Tuesday to claims that the leadership of the National Assembly altered the report on the Electoral Act (amendment) Bill 2020, still awaiting consideration by the Legislature.


The speaker dismissed the thought, saying that it existed only in the "realm of speculation."


Gbajabiamila clarified that nothing had happened to the authentic report on the bill, adding that the House would pass it in the next few days.


Some media reports had lately conveyed the impression that the leadership of the National Assembly had altered the report, especially the provision on electronic voting, where it allegedly reversed the committee recommendation that election results should be transmitted electronically.


However, addressing a point of privilege raised on the floor on Tuesday on the allegation, the speaker said it was mere speculation and urged Nigerians to discountenance it.


Gbajabiamila expressed surprise that anyone would accuse the leadership of altering the report of a bill still in the custody of the Committee on Electoral Matters.


He stated, "I really don't want to speak on a report that has yet to be presented to the floor….Ordinarily, I will not comment on a matter that is not before us yet.


"I don't believe there is any alteration to the committee's report.


"Only the authentic report of the committee will be submitted for consideration. So, all that is being said remains in the realm of speculation.


"I have asked the chairman of the committee and she told me that there has been nothing like that (alteration)."


Recall that both the Senate and the House had announced last week that the bill would be passed before July 14.

More photos below.

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