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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KADUNA BOMBING: OBI URGES MILITARY TO BE CAUTIOUS, PROFESSIONAL.(PHOTO).

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Kaduna Bombing: Obi Urges Military To Be Cautious, Professional


The Labour Party presidential candidate, Peter Obi, has expressed grief over the death of dozens of persons caused by the drone airstrike in the Igabi Local Government Area of Kaduna State by the Nigerian Army.


In a series of tweet on his X handle on Tuesday, the former Anambra State Governor stated that the Nigerian military must exercise utmost caution and professionalism to avoid reoccurrence.


He wrote, "I read with sadness, the devastating reports of the accidental bombing of Tudun Biri Village in the Igabi Local Government Area of Kaduna State, by a Nigerian Army craft that mistook the villagers for terrorists. The lethal incident left death tolls reported to have risen to 80 persons, with several others injured. 


"While our military continues to fight impressively against insecurity in many parts of the country, they must exercise utmost caution and professionalism to avoid this kind of embarrassment to both the military and the country. 


"Any incident that leads to harm or loss of lives of the innocent people they are meant to protect should be avoided. 


"Even though the mishap is one too many, the security agencies should work with reliable human intelligence report on ground before any offensive attack to avoid innocent casualties as has reported in this case.


"Fatal mistakes like this leave indelible trauma on the families who have lost their loved ones to this ugly and unfortunate mishap. I sincerely commiserate with families that lost their loved ones. And to the dead, I pray God Almighty to forgive their sins and grant them eternal rest, and quick healing to the injured. 


"We pray that such a mistake leading to a sorrowful outcome, as this, never happens again in our country. It is regrettable that the problem of insecurity in our nation has persisted for so long that we are now paying such unintended human costs as collateral damage."


 

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