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: TINUBU NOT HEALTHY,TOO WEAK,OLD TO RUN FOR PRESIDENT- PETE EDOCHIE. (PHOTO).

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Bola Tinubu, the APC presidential aspirant, is too old and too weak to run for president in 2023, says Nollywood veteran actor Pete Edochie.

“Many people like Tinubu are too old and too weak to run for president. He (Tinubu) has been in power for a long time until he was made the leader of the APC,” stated Mr Edochie in an interview with BBC Igbò.

“But he should leave the position for those who are younger and healthier. Let’s be honest,” the actor pointed out in response to a question on Mr Tinubu’s candidacy for the 2023 presidential election. 


 

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