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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I'M MORE EXPERIENCED THAN AKPABIO- NDUME.(PHOTO).

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I’m more experienced than Akpabio – Ndume

The lawmaker representing Borno South, Senator Ali Ndume said he is more experienced than the Senate President, Godswill Akpabio on parliamentary issues. 

Ndume stated this in an interview on Channels Television.

Speaking on Akpabio’s style of leadership in the 10th Senate, Ndume said, “My problem is the way he handled the situation, and what happened the last time was misunderstood or taken out of context. Don’t forget that I fought here and campaigned for Akpabio. You can’t build a house and destroy it.

“The main problem is that I’m more experienced than him. When I tried to correct him, you don’t overrule your chief whip; I’m supposed to be the one to call him to order. 

“At that time, he was supposed to invite me, and then we would talk more one-on-one, but he took advantage of the gavel, and coincidentally, it was 12:30 pm, and I needed to go and pray.”

Recall that Ndume stormed out of the Senate chamber after an encounter with Akpabio on October 19.

Ndume called on President Bola Tinubu to sign an executive order on unexplained wealth.

According to him, there are laws in the UK and other parts of the world to tackle such issues. The lawmaker said he attempted to introduce some bills in that regard.

He stated, “I have tried several times, but, you know, there were excuses here and there. I think the best way to get this across is when the bill comes from the executive, or in the interim, the current president should sign an executive bill on unexplained wealth.”

Ndume noted that the level of unexplained wealth in the country, especially among politicians and civil servants, requires some laws to combat it.

 

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