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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IT'S ETHNIC CLEANSING,OHANAEZE NDI IGBO CONDEMNS EMEFIELE’S SUSPENSION.(PHOTO).

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It’s Ethnic Cleansing, Ohanaeze Ndi Igbo Condemns Emefiele’s Suspension  

The apex Igbo socio-cultural organisation, Ohanaeze Ndi Igbo, on Saturday, condemned the suspension of the the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, describing the action by President Bola Tinubu as a sign of ethnic cleansing.

The group disclosed this in a statement made available to journalists by Mazi Chima Uzor, Director of National Interest Matters.

The organisation observed that Emefiele’s suspension did not follow due process, adding that the decision was part of the current administration’s deliberate efforts aimed at alienating the Igbos from public offices.

The statement reads, “The Ohanaeze Ndi Igbo Worldwide hereby condemns in its entirety the suspension of Dr Godwin Emefiele, the CBN Governor by the administration of President Bola Tinubu.

“To say the least, this suspension is without due process and the arrest despite court order against DSS from arresting him is provocative and well-meaning Nigerians must resist it and ensure that it does not stand.

“We view the development as clearly part of the new administration’s scheme of ethnic cleansing of the Igbos from public offices.

“This is  nothing but a witch hunting directed at the Igbos for no other reason other than they dared to oppose the new administration in the last general elections.

“We are therefore asking President Bola Tinubu to beware of starting his administration with actions capable of driving an already shaking nation into chaos.

“He should be humble enough to rescind this unpopular decision and allow Dr Emefiele to complete his term as the governor of the apex bank instead of rocking the boat and destroying all the reforms that were carried out by the CBN under Emefiele’s leadership.”

— Leadership News


 

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