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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OSINBAJO UNDER PRESSURE TO REJOIN PRESIDENTIAL RACE WITH KWANKWASO.(PHOTO).

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Osinbajo Under Pressure To Rejoin Presidential Race With Kwankwaso

There appear to be renewed plots in political circles around the New Nigeria Peoples Party (NNPP) and Vice President Yemi Osinbajo’s camp to draft Osinbajo back into the 2023 presidential race.

Although close aides of the Vice President described this as mere speculation, arguing that their principal won’t be leaving the All Progressives Congress, APC, sources insisted at the weekend that there were active suggestions going on regarding the possibility of an Osinbajo/Kwankwaso ticket on the platform of the NNDP.

Alhaji Rabiu Kwankwaso, a former governor of Kano State, is the presidential candidate of NNPP, a new party that seems to resonate with political elements across many northern states.

Meanwhile, there is insinuation of Mr Peter Obi, the presidential candidate of the Labour Party, also running with Kwankwaso on the platform of what their fans called ‘Third Force’.

“One of the factors driving the push for an Osinbajo/Kwankwaso ticket is the need to give vent to what is clearly a nationwide yearning for a different kind of political leadership, something that the VP has come to represent to Nigerians,” one of the sources said.


 

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