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

NO CRISIS BETWEEN ME AND OYETOLA, SAYS BASIRU. (PHOTO).

No crisis between me and Oyetola, says Basiru


…Osun APC chairman calls for cohesion


The national secretary of the All Progressives Congress (APC), Ajibola Basiru, has said there is no crisis between him and the minister of Marine and Blue Economy, Gboyega Oyetola.

He, however, warned those spreading false information about a frosty relationship between him and the former Osun state governor to desist from falsehood.

Basiru, who paid a courtesy visit to the Osun state chairman of the APC, Sooko Tajudeen Lawal, at the party secretariat, Ogo-Oluwa, Osogbo, said he enjoyed cordial relations with the minister and party leader.

The national secretary urged party members and the public to disregard the antics of propagators of the misinformation and falsehood bent on causing disaffection and acrimony within chapter.

Basiru hinted that he was preoccupied with how to reinvigorate the party across the nation with a view to improving its fortune in many states.

He said the report about an imaginary war was a product of beer parlour talks from habitual drunkards.

In a statement by Osun APC director of media and information, Basiru enjoined party stakeholders to key into the Renewed Hope Agenda of President Bola Tinubu in his efforts to bail out the nation from numerous challenges.

He explained that the economic downturn in Nigeria is an offshoot of the global phenomenon, which is taking its toll on all the nations.

Basiru urged party leaders to be steadfast and loyal to the party, assuring that APC will bounce back in Osun State in  the 2026 election.

He said: “I don’t know where some hungry bloggers source their story from? It is not true that there is acrimony between the Minister of Marine and Blue Economy and I.  We are always on the same page.

“I was with him yesterday where I spent over two hours. Infact, he is aware of my trip to Osun State today. Where some bloggers came over a phoney story that I consulted an esteemed leader of our party yesterday in Iwo still remains a mystery when I was in Abuja.

“Was it my spirit that went to Iwo? Those who are writing compositions with the aim of causing acrimony in our party should go and find meaningful work to do instead of ranting.”

The chairman thanked Basiru for the visit, saying that it would entrench the faith of the members in the party.

Lawal urged the local government and ward chairmen and other party officers to always work in unison in the interest of the party in their respective constituencies.

He appraised the party’s sensitization visits to the local governments, advising party chairmen to continue to build on the success of the tours.

Lawal said party chairmen should hold meetings at all the levels to sustain its viability.

 

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