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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THE KOGI STATE ASSEMBLY IS REQUESTING THE REMOVAL OF FORMER GOVERNOR YAHAYA BELLO'S NAME FROM THE LIST OF INDIVIDUALS WANTED BY THE EFCC.(PHOTO).

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 The Kogi State Assembly is requesting the removal of former Governor Yahaya Bello's name from the list of individuals wanted by the EFCC


During the plenary session on Tuesday, these points were included in the House's resolutions. This occurred following a presentation by Jibrin Abu, the House member from Ajaokuta State Constituency, who raised an urgent public issue for discussion.


In his written plea titled ‘A plea to cease the baseless, frivolous, and untrue smear campaign against former Kogi State Governor, Alhaji Yahaya Bello’, the legislator asserted that the anti-corruption agency has been unfairly targeting Bello.


“Kogi State, by allocation standard, is not rich so much so that N80.4b will be missing that the State will not be shaken to its foundation. This claim by the EFCC should be sanctioned and taken as laughable. Innocent Nigerians and Kogi State citizens that bought into the lies should by their personal volition withdraw their support,”

Comments

  1. Anonymous23 April 2024 at 19:07

    Today, Trump is being prosecuted in US but in Nigeria and Africa, our rulers and leaders are above being tried for an "alleged" offence after leaving office because they are obviously above the law/constitution.

    Who are the laws made for?.... Ordinary Nigerians?

    ReplyDelete

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