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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DON'T COME TO FEC MEETING UNLESS INVITED,TINUBU WARNS GOVT OFFICIALS. (PHOTO ).

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Don’t come to FEC meeting unless invited, Tinubu warns gov't officials


President Bola Tinubu on Monday warned government officials and family members against attending the Federal Executive Council (FEC) meeting without invitation.


Tinubu issued the warning before the commencement of the FEC meeting at the Presidential Villa in Abuja.


“Last week, I noticed people sneaking in and out of this council. People had access to this place when they should not. That is not acceptable.


“I will announce to you here the people who are supposed to be here.


“Hadiza Usman, Special Adviser on Policy Coordination, Bayo Onanuga, Special Adviser on Information and Strategy; Hakeem Muri-Okunola, Principal Private Secretary; and Damilotun Aderemi, Private Secretary.


“These are the people who are granted the exception to be here when we are conducting the business of the nation. Unless I sent for you, don’t come.”


The president directed the Secretary to the Government of the Federation, George Akume, and the Head of Civil Service of the Federation (HCSF), Folashade Yemi-Esan, to take note of his directive.


“Unless they are your staff that are included, no one should have access to the FEC meeting, except I have announced their names to you.


“Let me also say that the planning of an event about the government must be well articulated and followed accurately,” he said.


Tinubu, however, expressed absolute confidence in the integrity of his Chief of Staff, Femi Gbajabiamila.


“There are a lot of stories going around about what is happening. I’ve told everyone in this country that I can make mistakes.


“I have had to hear them out and correct them. Perfection is that of God Almighty. I have absolute confidence in the integrity of my Chief of Staff.


“All the campaigns of calumny and insinuation should stop.”

 

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