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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CALLS ON THE INEC CHAIRMAN TO JOIN THE RACE FOR THE 2023 PRESIDENTIAL ELECTION .(PHOTO).#PRESS RELEASE.

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CALLS ON THE INEC CHAIRMAN TO JOIN THE RACE FOR THE 2023 PRESIDENTIAL ELECTION 


Our attention has been drawn to innuendoes in certain quarters that Nigerians should not be surprised if the INEC Chairman joins the Presidential race or urging him to do so. It is a preposterous proposition. It will not happen.

The Chairman remains an umpire committed to free, fair and credible elections. His constitutional responsibilities as the Chief Electoral Commissioner of the Federation and Returning Officer for the presidential election are onerous enough for him to even contemplate straying into extraneous matters at variance with the law, morality and his personal principles. 

The Chairman will continue to discharge his responsibilities without affection for, or illwill against, any political party or candidate.

ROTIMI LAWRENCE OYEKANMI 
Chief Press Secretary to the Hon. Chairman, Independent National Electoral Commission
Sunday 8th May 2022.


 

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