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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SENATORS REJECT TINUBU’S REQUEST FOR MILITARY ACTION IN NIGER. (PHOTO).

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 Senators Reject Tinubu’s Request For Military Action In Niger


August 5, 2023


The Nigerian Senate has rejected the request by President Bola Tinubu to allow him send Nigerian troops to Niger Republic to restore democracy rule in the country.


Tinubu had written the Senate for their approval for a military action in Niger following a military coup in the country.


Some of the senators argued that the United States African command already had a base in Niger Republic and there was no need for Nigeria to deploy troops “to please Americans and other Western countries.”


SaharaReporters earlier exclusively reported that an insider in the session confirmed that the senators were against both the deployment of soldiers and the power supply cut-off already implemented against Niger Republic by the Nigerian government.


The Senate President at an open session told journalists that the lawmakers believed that the Niger political impasse should be addressed politically rather than using military action.


He said, “At our executive session, the Senate condemned in totality the coup that took place in Niger Republic. The Senate commends President Bola Ahmed Tinubu and other Heads of State of ECOWAS on their prompt response.

“The Senate recognises the fact that President Tinubu, by the virtue of his correspondence, has not asked that we should approve a request to go to war, but he expressed a wish to solicit support in the successful implementation of the ECOWAS communique.


“The leadership of the Senate is mandated to further engage the President on how best to engage and resolve the issues.”


Akpabio noted that the Senate was calling on Tinubu, as the Chairman of ECOWAS, to further engage leaders to strengthen political options in resolving the political situation in Niger.


He said, “The Senate is mandated to further engage President Bola Ahmed Tinubu on how best to resolve the issue in view of the cordial relationship between Nigeria and Niger.


“The Senate called on the ECOWAS Parliament to rise to this and condemn the military coup in Niger and to resolve the impasse.”


Recall that the Northern Senators Forum had condemned the Niger coup, but rejected planned military action against the Junta.


They cautioned against the use of military power in Niger, adding that Nigeria and the ECOWAS should use diplomatic channel to address the situation rather than military might.

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