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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TRIBUNAL SACKS APC’S UDENDE, RETURNS SUSWAM AS BENUE NORTH-EAST SENATOR. (PHOTO).

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Tribunal Sacks APC’s Udende, Returns Suswam As Benue North-East Senator

The Benue North-East Senatorial Election Petitions Tribunal has sacked Senator Emmanuel Udende of the All Progressives Congress (APC) and returned Senator Gabriel Suswam of the Peoples Democratic Party (PDP) as the senator-elect.

The Independent National Electoral Commission (INEC) declared Udende as the winner of the Benue North-East senatorial election held on February 25.

But the matter was taken to court with the Chairman of a three-man Tribunal, Justice Ory-Zik Ikeorha, and a member of the panel holding that the petitioner, Suswam proved the allegation of over-voting, mutilation, and cancellation of results and election malpractices in five out of the seven local government areas of the senatorial district.

The Tribunal chairman discounted 51,895 votes from Udende’s tally and 21,229 from Suswam’s before recalculating their final votes. Afterward, the PDP candidate had 90,570 votes to beat the incumbent Udende who was left with 82, 699 votes.

One of the Tribunal members, however, disagreed with the decision, noting that the petitioner did not prove how over-voting took place to warrant the cancellation, a point counsel to Udende said he would appeal.


 

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