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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ABBO APOLOGISES TO AKPABIO OVER ACCUSATION OF BEING HIS SACK. (PHOTO)

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Abbo Apologises To Akpabio Over Accusation Of Being Behind His Sack

The sacked Adamawa North Senator, Elisha Abbo, has tendered an apology to Senate President Godswill Akpabio for accusing him of being behind his sack from the Senate.
Naija News reported that the Court of Appeal in Abuja, on Monday, voided the election of Abbo of the All Progressives Congress (APC) and declared Amos Yohanna of the Peoples Democratic Party (PDP) as the winner of the National Assembly election.

Reacting to the development in an interview with reporters in Abuja, Abbo alleged Akpabio was behind his removal from the Red Chamber for campaigning and working against his Senate Presidency ambition.

But reacting to the allegation, the media aide to the Senate President, Eseme Eyiboh, said Abbo is just looking for someone to blame for his sack from the Senate because his principal was not responsible for the court judgement.

However, in an interview on Arise News on Tuesday night, Abbo said Senator Akpabio was not responsible for his sack from the Rec Chamber, adding that the press conference and releases he put out were premature.

He said the allegations against the Senate President were based on the available information at his disposal on Monday, saying that he has apologised to Akpabio for accusing him wrongly.

Abbo stated that he is deeply convinced that Akpabio is not involved in his sack after swearing on his mother’s grave. The sacked lawmaker noted that his apology to Akpabio was not because he wanted to return to the Senate.

He said: “My accusation was based on the available information at our disposal yesterday. As of today, I am convinced Senator Akpabio is not involved in my dismissal.

“My apology is not because I want to go back to the Senate, but because I am deeply convinced that he is not involved in my sack. After swearing on his mother’s grave, I felt sorry.”

 

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