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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I'M NOT DESPERATE TO BE PRESIDENT, SAYS PETER OBI. (PHOTO).

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 I’m not desperate to be President, says Peter Obi


Presidential candidate of the Labour Party in the last general elections, Mr Peter Obi, on Tuesday, insisted that he’s not desperate to be Nigeria’s President.


Obi, however, said that he only desired that the country works.


The LP flagbearer spoke in Abuja while reacting to his award as the ‘Leadership Politician of the Year 2023’ at the annual Leadership Conference and Awards.


“I am not desperate to be president, I am desperate to make Nigeria work,” Obi stated but added that young Nigerians should be productively engaged in order to eliminate poverty and crime,” Obi said.


Obi also described as shameful for Ukraine, a war-torn country, to donate grains to Nigeria when Niger State alone can feed the whole of Africa.


Obi added, “We have no reasons to be poor. Poverty should never be part of our lives especially in the North,” Obi said, adding that with over 7,442,00 square meters of land, Nigeria can feed Africa.


“Ukraine has no reason to give us grain. Niger State can feed Nigeria, Africa with over 73, 000 square meters of land.


“The two biggest states in the North-East, Borno with over 70,000 square metres of land and Taraba, are four times the size of Belgium that is exporting food. There is so much we can do in the country if we have the right leadership.


“The more you remove people out of poverty, the more you have fewer criminals.”

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