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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FG REPORT OF COUP SCARE FAKE, ACT OF DISINFORMATION. (PHOTO). #PRESS RELEASE

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 FG: Report of Coup Scare Fake, Act of Disinformation

 

The Minister of Information and National Orientation, Mohammed Idris, has debunked a news report of a so-called coup scare in the country, stressing that the report is unequivocally false, and is a heinous act of disinformation.

 

He said the report is the figment of the warped imagination of detractors, whose malicious intent is to destabilize the country and undermine the present administration.

 

Idris said the government would neither be distracted nor intimidated into abandoning the ongoing reforms aimed at rejuvenating the economy and creating a pathway of prosperity for the citizenry.

 

The Minister said it is now evident that some desperate individuals have resorted to publishing fake news to erode public trust in the government and sow the seed of discord in the country.

 

Idris said the government will exercise its rights within the Federal Republic of Nigeria's laws to contain rogue actions to destabilize national security and the nation’s hard-earned democracy.

 

He urged the public to exercise discernment and refrain from spreading or amplifying the unfounded report, which is being strategically planted on some pliant and compromised news platforms to subvert the nation’s democracy.


Rabiu Ibrahim 

Special Assistant (Media) to the Minister of Information and National Orientation.

February 27, 2024

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