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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KANO: APC'LL WIN AGAIN AT SUPREME COURT- GANDUJE. (PHOTO).

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Kano: APC’ll win again at Supreme Court – Ganduje

National Chairman of the All Progressives Congress and immediate past governor of Kano State, Dr Abdullahi Umar Ganduje, on Friday hailed the Appeal Court judgement that sacked Governor Abba Kabir Yusuf and declared the governorship candidate of the APC in the March 18 election, Dr Nasir Yusuf Gawuna as winner.

Ganduje said the APC would win again if the NNPP and Governor Yusuf headed to Supreme Court.

Ganduje, who was reacting to the judgement during a press conference on Friday in Abuja, said Gawuna’s administration would provide better opportunities for the masses and record more achievements than his eight years as governor of the state.

He expressed optimism that even if Abba Kabir Yusuf files an appeal at the Supreme Court, the APC would defeat him to clinch the Kano apex seat.

He said, “I thank Allah for this important judgement. We have to thank the judiciary for providing good administration of justice despite all the distractions that took place since the beginning of the case.

“We have to thank the judiciary. There is no doubt this is a victory for democracy. It is a victory for APC and a victory for Kano State. This is an indication that democracy has come to stay in Nigeria. Democracy we can say is matured in Nigeria. We have to thank all those stakeholders, the political parties, even the NNPP that took us to the Appeal Court.

“For Kano State, this victory is for all of us. We are fully aware, we know what happens during the election; a lot of malpractices and we took the issue to the tribunal and by the grace of God, we got a fair judgement in favour of our great party, APC.

“Now, the government in power, the NNPP decided to go the Court of Appeal and this morning (yesterday), by the power of God, the Court of Appeal affirmed the judgement of the lower court. And by so doing, our gubernatorial candidate, Dr. Nasiru Gawuna is the duly elected governor of Kano State.

“But in all, probably, they will go to the Supreme Court which is part of democracy. There is nothing wrong for them to go to the Supreme Court. We too, we are ready to meet them in Supreme Court. And Insha Allah, we will win at the Supreme Court as well.

“But we want to assure the people of Kano State that the good administration that was provided in my eight years with my deputy, Dr. Nasiru Gawuna and now, the governor-elect for Kano State will provide a similar, not even similar, I believed he will provide a better administration, more achievements will be recorded in Kano State because that is what we expect.”

Gawuna on his part, expressed happiness over the judgement and assured the people of the state of good governance under his watch.

 

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