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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STOP MOUNTING CONGRATULATORY BILLBOARDS FOR ME- WIKE.(PHOTO).

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Stop Mounting Congratulatory Billboards For Me - Wike

The Minister of the Federal Capital Territory, Nyesom Wike, has requested well-wishers to refrain from placing congratulatory billboards in his honour.

The Director of Press, Office of the Minister, Mr Anthony Ogunleye, stated this in a statement in Abuja on Sunday.

Although Wike expressed his appreciation for such gestures and acknowledged what he described as the overwhelming goodwill of FCT residents, the minister asked that advertisements in his name should stop immediately.

The statement read in part:

“The attention of the Minister of the Federal Capital Territory, Nyesom Wike, has been drawn to lamp post billboards, full-scale billboards and other adverts congratulating him on his appointment as minister.

“While the minister deeply appreciates the warm wishes and support of the citizens, he kindly, but strongly requests that such billboards and advertisements be discontinued forthwith.

“The minister acknowledges the overwhelming goodwill from the residents of the FCT and beyond.

“He understands the sentiment behind these congratulatory displays and is genuinely touched by the show of support.

“However, in the spirit of public service and commitment to his responsibilities, the minister wishes to focus his full attention on assisting President Bola Tinubu in realising his vision and renewed hope agenda for Nigeria.

“Wike sincerely hopes that the public will understand his perspective and continue to extend their support and cooperation.

“He looks forward to working hand in hand with all stakeholders to build a stronger, more prosperous, and united FCT and Nigeria.”


 

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