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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DAY A NAVAL OFFICER SLAPPED ME- PRESIDENT TINUBU. (PHOTO).

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Day a Naval Officer slapped me — President Tinubu

25th Jun 2023

President Bola Tinubu revealed that a naval officer once slapped him for overcharging him unintentionally when he was a taxi driver in the United States.

This was revealed as he shared his humble beginning in a biography published on the back page of a national daily.

The biography titled, ‘Tinubu: My life as gypsy cab driver in the US’, was authored by Mike Awoyinfa, a seasoned journalist.

Tinubu, in the story, said he worked as unlicensed taxi driver in Chicago, the US picking passengers from the airport to their destinations.

The president said the driving job was meant to sustain him financially before he went to school.

He narrated, “We got an unregistered used car commonly called Gypsy, which we ran as a taxi. We operated at the airport where we picked passengers, and not anywhere else, like the hotel because it was forbidden for unlicensed cab drivers to do so.

"We did that for a while to raise some money. Bolaji went to Tennessee, while I headed for Chicago.

“I was supposed to have started schooling in April. I deferred it till September in order to have more money. Immediately I got to Chicago, I went straight to Richard Daley College. It was very interesting.

“I was able to pay for my apartment and tuition fees at Chicago State University. I supplemented that by doing different menial jobs like door guard and security man.”

Speaking further about the incident, he said the naval officer he carried responded with a slap on his face because overcharged him, as his destination was a nearby.

“As a cab driver, one experience I will never forget was when I over-charged a naval officer who was returning to the country. It was not intentional,” Tinubu said.

“Apparently, I didn’t know the direction. There was no GPRS in those days to locate directions. So, he gave me the direction to his house in a Virginia suburb. (Daily Trust).

 

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