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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PDP ASKED ME TO ACCEPT TINUBU'S APPOINTMENT AS MINISTER- WIKE. (PHOTO).

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PDP Asked Me to Accept Tinubu’s Appointment As Minister – Wike

Former Governor of Rivers State, Nyesom Wike, has claimed that the Peoples Democratic Party (PDP) gave him the green light to accept the ministerial position under the Bola Tinubu administration.

Wike, who described the PDP leaders as reggae dancers for threatening to sanction him, said the party was well informed before he accepted the position.

The former governor also said that Tinubu wrote the 36 state governors, including those of the PDP, who, according to him, gave 10 names to the president to appoint as ministers.

“Can you even mention who is my enemy? Can you even mention one person that is my enemy?” Wike said at his first press briefing as a minister of the Federal Republic in Abuja on Monday.

“See, people carry propaganda. Let me use this opportunity to tell you that I don’t like people who don’t tell the truth.

“They said they’re going to sanction me because I accepted the appointment. I don’t have any clause.

“The president wrote to the 36 state governors to bring names of people to appoint, didn’t PDP governors submit names?

“Every PDP governor wrote a letter and nominated ten persons to be appointed by this government.

“But the one they talk about is Wike. Before this appointment came, I wrote to the national chairman. I wrote to the minority leaders of the House of Reps and Senate.

“I wrote to the zonal chairman of the party and my state chairman. I wrote to my governor and all of them wrote me back and said “accept.”‘

“I have my evidence documented. Forget these reggae dancers. I call them reggae dancers because when you’ve lost your opportunity, you’ve lost your opportunity because of arrogance and impunity.”


 

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