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 DOESN'T INVOLVE IN VOTE BUYING- KEYAMO.(PHOTO).

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APC Doesn't Involve In Voting Buying - Keyamo 

Minister of State for Labour and Employment, Festus Keyamo, has said that reports of voting-buying during governorship election in Ekiti State was not solely synonymous to the ruling All Progressives Congress (APC). 

Keyamo’s statement comes on the heels of reports suggesting that the APC was involved in mass vote buying and selling in the Ekiti polls.

In his statement on Twitter, the minister said the claims are only subtle messages passed across by opposition parties, all in a bid to see that the ruling party loses the election.

“Incidences of vote-buying can’t be synonymous only with the ruling party, but the subtle message the other parties try to pass to the gullible is that only the ruling party engages in illegalities & that the only way an election can be deemed credible is if the ruling party loses,” Keyamo lamented.



 

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