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

PETER OBI ISSUES WARNING AGAINST PEOPLE WHO'S TRYING TO DISTRACT PRESIDENTIAL TRIBUNAL JUDGES. (PHOTO).


Peter Obi Issues Warning Against People Who's Trying to Distract Presidential Tribunal Judges

The Labour Party (LP) Presidential candidate in the February 25, 2023 elections, Peter Obi has urged individuals he referred to as “agents of retrogression” to refrain from behaviour that might sidetrack the judiciary from impartially while addressing the cases before them.

His message was relayed via a statement issued on Friday by the Head of the Obi-Datti Media office, Diran Onifade in Abuja.

The statement highlighted Obi’s deep concern about attempts by these unnamed entities to distract and divert the nation’s Judiciary from handling its crucial national tasks.

Onifade said, “We find absolutely needless and utterly unacceptable some of the curious happenings around our Judiciary lately, starting with the threat of anarchy and chaos should the ruling party’s candidate be legally removed by the Presidential Election Petition Court (PECP).

“The allegations of a telephone conversation between the esteemed Chief Justice of Nigeria, Justice Olukoyade Ariwoola with some persons, which the Supreme Court has since denied, and most recently, the bizarre fake news claiming that one of the panellists at the ongoing hearing before the PEPC had resigned.

“Without a doubt, those behind these strange contrivances have their devious motives, which certainly are not in the national interest.

“Our Judiciary should not be burdened by these distractions when their entire focus should be on the critical national assignment, which requires their total concentration and everybody’s support and cooperation to conclude.

“It’s indisputable that the future of this country is tied to the outcome of the Judiciary’s assignment. Every hand must be on deck to help them pilot the ship of Nigeria State to safety away from perdition.

“Obi-Datti Media office, therefore, wishes to call on all patriots desirous of seeing a new Nigeria to desist from any action that may hinder the delivery of justice by their Lordships.

“Relatedly, we also want to use this medium to warn these rogue Troll and Fog Machine agents to desist from ongoing attempts to smear or entrap Peter Obi and Datti Baba-Ahmed under whatever ploy.

“We recall at least seven failed fake demarketing and discrediting campaigns against our Principals.

“We are all the more concerned about plans to escalate these desperate acts ahead of the PEPC judgment. Nigerians must not be gullible to believe or accept such deep, fake, and dubious ploys, all in the name of partisan politics.

“While we continue to appreciate our security agencies’ efforts to secure Nigeria, we implore them to ensure that our Principals are safe and secure in their persons, movement and properties as they go about their public and private endeavours.

“Obi-Datti Media office, therefore, wishes to call on all patriots desirous of seeing a new Nigeria to desist from any action that may hinder the delivery of justice by their Lordships or other forms of nefarious activities that may heat up the national polity.”


 

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