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

NORTHERN CIVIL SOCIETY NETWORKS URGE FG TO DECLARE STARE OF EMERGENCY ON INSECURITY. (PHOTO).




Northern civil society networks urge FG to declare state of emergency on insecurity 

 


 

The Conference of Northern States Civil Society Networks,has urged President Ahmed Bola Tinubu  to declare a state of emergency on insecurity, to address  killings, child trafficking, banditry, displacement of communities and  kidnapping, across some northern states.


The chairman, conference of northern states civil society networks Ibrahim Waiya made the call in Kano.


According to him, security challenges in Katsina, Plateau, Sokoto, Niger, Kaduna and Zamfara States, re- surfacing of the insurgency in the North East, is so unprecedented,saying that, the dimension at which the security of lives and properties of the Nigerian citizens is fast declining, puts citizens into more fear, hopelessness and uncertainties. 


He stressed that,though  the  service chiefs were appointed few months ago, the  huge investment in the security sector, has raised Citizens expectations on improvement in security of lives and properties in the country.


" and should develop a key performance indicators (KPI) of not more than 6 months, for the security agencies to be assessed for accountability"


The chairman appealed to the national Security Adviser to coordinate the synergy between the nations  Service Chiefs to achieve the desired objectives.


"We acknowledge the efforts of some governors like Sokoto, Borno Kaduna Zamfara, Katsina for their resilience in curtailing the insecurities in their States"


Speaking on how to improve the economy,  Waiya hinted that, conveying  a national economic summit for citizens to identify and deliberate,would uplift the country  to international standard.


" His Excellency President Bola Ahmed Tinubu, must look inward to raise funds  for Governance businesses other than borrowings, by squeezing the past and present public officials with corruption allegation to recover  the looted funds belonging to Nigerians" 


He pointed out that, the Conference expresses  deep concern over the current state of the judiciary in Nigeria,saying that, the conflicting judgments being issued by various courts of the same jurisdiction, have created a sense of confusion and frustration among the citizens. 


"The Conference is appealing to the Judicial Service Commission to take swift action to thoroughly investigate the root causes of the conflicting judgments and implement measures to ensure the judicial system"


Radio Nigeria reports that,the Conference of Northern States Civil Society Networks, 

is a forum of states based civil Society Networks operating in Northern Nigeria, the group brought together various CSOs networks operating in the Nineteen Northern States and FCT, under a common platform, with the aim of achieving sustainable socio economic and political development.

 

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