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

TINUBU TO LAGOSIANS: BE CALM,MAINTAIN THE PEACE. (PHOTO).#PRESS RELEASE.



*PRESS RELEASE*


*Tinubu to Lagosians: Be calm, maintain the peace*


All Progressives Congress Presidential Candidate, Asiwaju Bola Ahmed Tinubu, has appealed to the people of Lagos State to be calm and eschew any act that can lead to breakdown of law and order.

Tinubu said the outcome of the election in Lagos where Labour Party won the presidential election should not be a source of provocation saying that the beauty of democracy is that people have a right to vote for the candidate of their choice.

The APC candidate further said that as a democrat he is bound to accept the outcome of any election whether favourable or not. 

In a statement released Monday by the Presidential Campaign Council signed by Director of Media and Publicity, Mr. Bayo Onanuga, Tinubu expressed serious concern over reports of violence in parts of the state especially reported attacks on some traders of Igbo origin.

The former Lagos State Governor condemned any form of violence against people of any ethnic group in Lagos.

"The fact that the APC narrowly lost Lagos State to another party should not be the reason for violence. As a democrat, you win some, you lose some. We must allow the process to continue unhindered across the country while we maintain peace and decorum," the statement said.

Bayo Onanuga 
Director, Media & Publicity 
APC Presidential Campaign Council 
February 27, 2023


 

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