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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2023: ATIKU DUMPS PETER OBI,PICKS WIKE AS RUNNING MATE.(PHOTO).

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Sources say Atiku’s decision to dump Obi was because he allegedly made little financial contributions to the 2019 campaign purse as well as inability to win his state Anambra and the South East for the party in the presidential election.


“Prior to the 2019 election, Governor Peter Obi didn’t have a strong political structure outside the South East. People just loved him because of his vast knowledge of the economy, winning an election goes beyond all that.


“To successfully run an election in this country you need money, connection, strong and vast political structure, etc, and these you find in abundance in Nyesom Wike. He is a good material any day and that’s not the kind of man you leave behind, especially if you want to win election in Nigeria,” according to a source close to the Atiku campaign team.

 

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