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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I WITHDREW MY PETITION AT TRIBUNAL FOR STABILITY OF NASARAWA, SAYS AL-MAKURA. (PHOTO).

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I Withdrew My Petition At Tribunal For Stability Of Nasarawa, Says Al-Makura 
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Outgoing Senator representing Nasarawa South District and candidate of the governing All Progressives Congress (APC), Senator Umaru Tanko Al-Makura has given reasons why he withdrew his petition at the Election Tribunal sitting in Lafia against the victory of Mohammed Ogoshi Onawo of the People's Democratic Party (PDP) in the February 28 parliamentary election. 

In a statement issued on Friday in Lafia, Senator Al-Makura who failed to secure re-election said no sacrifice was too much to make for the stability of Nasarawa State and the country at large. 

According to him, the sacrifice became necessary for the growth and development of the State. 

He stated that politics is not a do-or-die affair and there is every need to renew the people's hope for a better future.

“A lot has happened in the last few months from the beginning of the campaign towards the 2023 elections. This has resulted in unforseen happenings that is alien to our polity. We must therefore think out of the box to arrest the ugly trend.

“Usually, where the outcome of election has shown certain violations of the law, it is normal to seek redress in the tribunals. However, our situation today calls for a more pragmatic approach and consolidation of the stability that is gradually returning to our state,” Al-Makura, said. 

While noting that litigation comes with lots of acrimony and some level of instability in governance, he decided to withdraw his case before the election petition tribunal, following pleas from revered traditional rulers and other leaders.

“After due consultation with stakeholders. I directed my lawyers to withdraw my petition against the candidate of the PDP. I am convinced that we have had enough distraction and time is of the essence in governance,” he added.

Senator Al-Makura, a former Governor of the State therefore commended his supporters, friends, family and constituents from all walks of life who stood firm with him throughout the struggle. 

“I cannot thank you enough. I call on all the people of Nasarawa State to continue to live peacefully and harmoniously together and we should play politics without bitterness as our destiny as a people is irrevocably bound together,” he declared.


 

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