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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SUPREME COURT'S JUDGEMENT IS THE LORD’S DOING- OLUREMI TINUBU. (PHOTO).

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Supreme Court’s Judgement Is The Lord’s Doing – Oluremi Tinubu

President Bola Tinubu’s wife, Oluremi, has described the judgement of the Supreme Court as the Lord’s doing.

Mrs Tinubu made the remark while applauding the apex court’s judgement that upheld her husband’s victory in the 2023 presidential election. She spoke at the Imo State All Progressives Congress Women Campaign Rally for Governor Hope Uzodimma’s re-election quest in Owerri.

The First Lady said the court granted her husband a ‘clean bill.’
According to Mrs Tinubu: “You can see, the court has already given my husband a clean bill, and we believe that this is the Lord’s doing, and it is marvellous in our eyes.

“Let me tell you, like my husband promised, that the East will be the industrial hub of Nigeria, and by the grace of God, the development of the South-East starts from Imo.

“When we came for the campaign, I promised you, I said we will do whatever it takes to make sure Nigeria is one.”

Last week, the Supreme Court dismissed the appeals of the candidates of the Peoples Democratic Party (PDP) and Labour Party (LP), Atiku Abubakar and Peter Obi, challenging Tinubu’s victory.The apex court ruled that the appeals lacked merit.

 

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