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

KADUNA SCHOOL ATTACK: EVERY EFFORT SHOULD BE DIRECTED TOWARDS RELEASE OF ABDUCTEES, SAYS OBI. (PHOTO).


 Kaduna school attack: Every effort should be directed towards release of abductees, says Obi

   

Peter Obi, presidential candidate of the Labour Party (LP) in the 2023 elections, says every effort should be directed towards the release of schoolchildren abducted by bandits in Kaduna.


On Thursday morning, bandits abducted over 200 students from a primary and secondary school in the Kuriga community in Chikun LGA of Kaduna.


Obi, in a post on his X page on Friday, said “better security measures need to be implemented to avoid future occurrences”.


“Just yesterday, I was lamenting the horrible spate of killings, terror attacks, and abductions in the country, while calling for more concerted efforts to combat the continuing menace of nationwide insecurity,” he wrote.


“We are again confronted with the ugly news of the abduction of over 200 pupils and students plus a teacher of local primary and junior secondary schools in Kuriga, Chikun Local Government area of Kaduna State.


“While every effort should be directed towards the safe release of the children, better security measures need to be implemented to avoid future occurrences.


“While insecurity has continued to bear down on every sector of our national existence, its negative impact on education will be more devastating for the nation.


“We are already contending with an army of over 18 million out-of-school children, arising from the closure of schools due to insecurity.


“Further attacks on schools will only aggravate these numbers, drive more children into the streets, and add to the insecurity situation of the country.”


The former Anambra governor urged the federal and Kaduna state governments to explore all possible means to ensure the safe return of the abductees.


He also implored Nigerians to continue to work hard and pray for the nation.


“I once again appeal to the government, both state and federal, to explore all possible means to ensure the safe release of the abducted school children and their teachers,” Obi added.


“I urge every Nigerian to continue to work and pray for the nation so that we can collectively conquer these unusual challenges.


“We must ensure that every Nigerian child can pursue their dreams and aspirations in a safe and secure nation.”

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