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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2027: ATIKU DECLARES READINESS TO LEAD COALITION AGAINST TINUBU, APC.(PHOTO).

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2027: Atiku declares readiness to lead coalition against Tinubu, APC


The Peoples Democratic Party presidential candidate in the 2023 election, Atiku Abubakar, has declared readiness to lead a coalition of opposition parties to remove the ruling All Progressives Congress, APC, come 2027.


Atiku disclosed this in a congratulatory message to governors of the PDP, whose elections were upheld by the Supreme Court on Friday.


In a statement signed by his Media Office in Abuja, Atiku described the decision of the court as good news for the people of Bauchi, Plateau, Cross River and Zamfara states, and indeed, a win for constitutional democracy.


He reaffirmed his position that only a united opposition force can strengthen democracy in Nigeria.


Atiku was quoted as saying, “I am as prepared as ever, to lead the charge, alongside all our leaders and Governors, for the good of our country.”


According to him, “Where Justice is seen to have been substantially rendered, we, as patriots and citizens, will always applaud.”


Atiku equally said by the judgment of the Supreme Court, “there is a guaranteed continuation of the standards of good governance which the PDP has brought to the respective states.”


He called on the respective PDP governors, namely: Bala Mohammed of Bauchi, Dauda Lawal of Zamfara, Barr. Caleb Muftwang of Plateau and Pastor Umo Eno of Akwa Ibom to see their wins at the Supreme Court as an opportunity to consolidate and expand the scope of the good governance they have already established.

 

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