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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DON'T ENDORSE TINUBU,IGBO YOUTHS WARN OHANAEZE NDIGBO. (PHOTO).

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Don't Endorse Tinubu, Igbo Youths Warn Ohanaeze Ndigbo

Ahead of the scheduled visit of the Presidential candidate of the All Progressives Congress (APC) ,Bola Ahmed Tinubu to Imo and Anambra states, Igbo youths under the aegis of the Coalition of South East Youth Leaders (COSEYL) has warned Ohanaeze Ndigbo not to contemplate endorsing his candidature.

A statement by the President General, Goodluck Ibem expressed concern that Tinubu never bothered visiting the South east during his party’s Presidential primaries campaign as well as visiting the flood victims in the zone.

According to the statement “Tinubu has never hidden his disdain for the people of South east and now that the elections are here, he suddenly needs their support and endorsement.

“Prior to the APC presidential primaries, Senator Bola Tinubu visited all the geopolitical zones in Nigeria to canvass for votes from APC delegates but he never visited any South east states to campaign during their party’s primaries.

“Why is he coming to South east now that the presidential election is around the corner to look for endorsement from the same people he despised and looked down on.

“The recent flooding that ravaged so many states and communities in Nigeria, Tinubu never visited any South east state to sympathize with them, rather he went to Kano State and gave N100 million to flood victims in the state.

“Maybe to Tinubu, the people of South east are less human which informs his action and now he is coming to the same people he ignored for endorsement”.

“Ohanaeze has endorsed Mr Peter Obi as her presidential candidate for the 2023 presidential election and the same Tinubu wants to bring confusion by bribing some corrupt South East Governors and Ohanaeze members “. The release stated.


 

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