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

SIT-AT-HOME: CSOs URGE FG TO EXTRADITE, PROSECCUTE SIMON EKPA. (PHOTO).


𝗦𝗶𝘁-𝗮𝘁-𝗵𝗼𝗺𝗲 : 𝗖𝗦𝗢𝘀 𝗨𝗿𝗴𝗲 𝗙𝗚 𝗧𝗼 𝗘𝘅𝘁𝗿𝗮𝗱𝗶𝘁𝗲, 𝗣𝗿𝗼𝘀𝗲𝗰𝘂𝘁𝗲 𝗦𝗶𝗺𝗼𝗻 𝗘𝗸𝗽𝗮

Coalition of Nigerian civil society groups, led by Rising Up for a United Nigeria (RUN) and the National Youth Council of Nigeria, has urged the Federal Government to employ all diplomatic measures to secure the extradition and prosecution of Barr. Simon Ekpa from Finland.

During a press conference held in Abuja on Monday, the group alleged that Ekpa has financed numerous acts of terrorism, thereby exacerbating the instability in Southeastern Nigeria.

Solomon Adodo, the President of the National Youth Council of Nigeria, who read the statement on behalf of the coalition, said, “Mr Ekpa has sponsored so many acts of terrorism, directed from his safe haven and base in Finland against Southeastern Nigeria. He is an alleged criminal and his merchandise is in terrorism, setting the foundation for the crippling of the Southeast and adding to Mazi Nnamdi Kanu’s travails.”

The coalition also expressed deep disenchantment at the ongoing tensions and loss of life in the Southeastern States, drawing parallels to the Boko Haram terrorism in the Northeast.

“The signs and trappings of the Boko Haram terrorism have sadly become evident in the tragic developments in the Southeast,” Adodo added.

The group criticized the enforced Sit-at-Home order by IPOB, stating it has crippled the economy of the Southeast, with businesses folding up and investors and tourists avoiding the region.

They commended the efforts of stakeholders to end the policy, urging them not to relent until the zone is freed from the stranglehold of criminals masquerading as freedom campaigners.

The group expressed its concern over Mazi Nnamdi Kanu’s recent announcement of an Economic Empowerment Day (EED), viewing it as a veiled threat to the Nigerian state.

The coalition warned that such activities have the potential to escalate into another security crisis in the region.

“This veiled aggression must therefore be nipped in the bud even before its seeds of discord are planted,” Adodo warned.

Finally, the coalition commended the Federal Government for observing the due process concerning Mazi Nnamdi Kanu’s matter.

However, it expressed dismay that Kanu’s visitors now serve as couriers to pass messages that run parallel to constituted government authority.

The coalition urged the government to expedite action in resolving Nnamdi Kanu’s situation to address the security crises in the Southeast.

The group concluded by restating their commitment to a peaceful, united, and progressive Nigeria. They also pledged to make their positions known to the United Nations and other international bodies.

Other civil society groups and activists represented at the briefing include: Prince Danesi Momoh, Convener of Empowerment for Unemployed Youth Initiative; Mazi Chukwudi Oluoha, Southeast Peace and Development Initiative; Zainab Sule, Northcentral Representative of Rising-Up for a United Nigeria; Comr. Stephen Eriba, President of Independent Public Service Accountability Watch; Mall. Abdulkadir Shuaibu, President of Arewa Youth Patriotic Front; Barr. Aniekeme Obot, Southsouth Representative of Rising-Up for a United Nigeria; and Comr. Victory Ameh, Representative of Guardians of Democracy and Development.



 

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