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

WOLE SOYINKA WORRIED OVER THE USE OF SOCIAL MEDIA "BARBARIANS HAVE TAKEN OVER SOCIAL MEDIA SPACE IN NIGERIA ".(PHOTO).


Nobel laureate, Prof Wole Soyinka, has opined that Barbarians have taken over social media space in Nigeria. 

 

While speaking at a function in Ogun state recently, the Nobel Laureate said that in other climes, social media is being used as a means of interaction because of the intellectual content and reasoned engagements being deployed by users but in Nigeria, the reverse is the case as those who ‘dragged it down have swapped the intellectual quotient aspect of it.'

 

He said the situation has degenerated to a level where even a mere disagreement in an election could lead to one being labelled on social media as having a phobia about others.

 

“In a situation where disagreement in an election can lead one being labelled something phobia or whatever. The social media is awash with accusations of one being a kind of ethnophobic. So strange to me but that is what we have been reduced to. And when that kind of accusation comes, there is no need or value in trying to say you are not. You just say, ‘Thank you very much! The complement of ethnophobia is ethnophilia.

I’m astonished and flabbergasted that people are so power-besotted that they can’t even accept the possibility that they did not win an election. It does not matter whether you are right or wrong or they are right. It is just a question. Take your facts to the table, let’s examine them carefully, consider the possibility that we may be wrong or you may be wrong but you don’t have to descend into demonisation of the group to which others belong to establish your point.

I don’t deal in social media. As far as I’m concerned, barbarians have taken over social media and they have swapped the intellectual quotient which used to make and still make social media valid in other societies. Here in this country, social media has been dragged down to the lowest common denominator.

However, I believe in the community of the intellect of minds and creativity to rescue us from the monstrosity that social media has become (in this country).”

 

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