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

'MEDICINE AFTER DEATH', OBI BLASTS INEC OVER 2023 ELECTION REPORT. (PHOTO).


 ‘Medicine After Death’, Obi Blasts INEC Over 2023 Election Report


Presidential Candidate of Labour Party in the 2023 elections, Peter Obi, has accused the Independent National Electoral Commission (INEC) of deceiving Nigerians with report of the poll released earlier on Friday.


In the 526-page report of the 2023 elections, formally released ahead of the first anniversary of the election, INEC explained why the IREV failed to upload the presidential results despite the seamless working of the bimodal voter accreditation system (BVAS).


The commission attributed the challenge to technical glitches, which was, however resolved and that this did not in any way affect the credibility of the elections.


Obi, who spoke to Daily Trust through Dr Yunusa Tanko, the Chief Spokesperson, Obi-Datti Campaign Committee, described the report as medicine after death.


“I think the INEC report is medicine after death. The truth about it is that if I didn’t mean that INEC actually deal with this issue as it happened during the election, possibly Nigerians will have believed and trusted this particular report.”


“But here we are, the report of the INEC which signifies that the IREV refused to function or been uploaded during the election is false. Considering the fact that there were three elections that happened on that day, the Federal House of Representatives, the Senate, and the result was uploaded and there was no issue.


“Why must there be issue as regard to the presidential election? So totally for us is deceit, disdain for the people and is trying to promote an indecency,” he said.


He lamented that unfortunately everyone knew when INEC gave a written document, citing that they would not agree with any result that is not posted on the IREV.


“It is documented and everybody saw it. But then this is the same INEC who went again to the Supreme Court citing that they had an authority to collate the result manually and it was stamped on authority on illegality by our judiciary.


“And you want to convince me that that particular issue of glitch was not done deliberately? The truth is that nobody was arrested. Somebody ought to have been arrested who has been saddled with that responsibility.


“And if he is saddled with the responsibility, he must be held responsible and account for why the glitches occur.


“And even if there was a glitch, it’s just like your network taking off. It shouldn’t take up to a whole day. A few seconds it is off, three seconds it is back. Why was the server not back or why is the glitch not resolved?


“So for me and many of us, this is totally unacceptable. The report is deceitful to the Nigerian people. Our electoral Act and electoral law must be revisited to give clarity as regard to the process of our election.


“We don’t want to give any lacuna to any of our election process and give room for the judiciary only to decide who wins election. Election should be done and dusted at the polling units,” he said.

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