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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OBASEKI'S NEW MINIMUM WAGE A GREEK GIFT TO BLACKMAIL EDO CIVIL SERVANTS- OKPEBHOLO.(PHOTO).

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 Obaseki’s new minimum wage a greek gift to blackmail Edo civil servants – Okpebholo


Edo State All Progressives Congress (APC) governorship flag bearer in the September 21, governorship election, Senator Monday Okpebholo has warned the people of the state to be wary of Governor Godwin Obaseki’s N70,000 minimum wage. 

He said the new wage Obaseki announced is a Greek gift to blackmail civil servants to vote for his party and a deliberate plot to distract Edo people from real issues.

The APC standard bearer also challenged the governor to explain the whereabouts of the N5 billion approved by the Federal Government as palliatives to cushion the hardship of civil servants in the State.

A statement by Okpebholo media office released to newsmen in Abuja on Thursday hinted that President Bola Ahmed Tinubu in 2023, approved N5 billion for each state and the FCT to enable them procure food items for distribution to the poor in their respective States and pay civil servants certain amount for six months. 

Okpebholo alleged that rather than spend the N5 billion on what it was earmarked for, the governor has kept it aside to prosecute the governorship election in September. 

He said: “Governor Obaseki is actually owing Edo civil servants arrears of six months. Like other states, Edo got N5 billion from the federal government to cushion the effects of fuel subsidy removal. In FCT, civil servants were paid additional N35,000 for six months. 

“Other States did the same thing and distributed palliatives to them. In Edo State, Governor Obaseki has been mute. No civil servant got any extra money like their counterparts in other States. Let us begin the conversation from there.

“Obaseki should explain to Edo civil servants and Edo people what he did with the N5 billion. Nobody in Edo State has gotten any palliatives or cash transfers from the Edo State Government. What has Obaseki spent the money on?

“We know that the State Government is keeping billions of naira to buy votes and prosecute the governorship election, where he intends to impose his political stooge on Edo people. Unfortunately for him, the people are wiser, especially civil servants in the state. 

“Civil servants deserve a better deal from the State Government and not a Greek gift to blackmail them to vote for a party that has failed the people of Edo State. There are no good schools, hospitals, roads, or housing for civil servants. These are the real issues.

“Obaseki has failed by every standard, and I am sure Edo people, especially the civil, know this. As governor, my administration will behave differently. Beyond the minimum wage, we will look at other priority areas for civil servants like quality healthcare, housing, and proper transportation. 

“I call on Edo people not to be disturbed. Help is on the way. Our administration will right the many wrongs of the PDP administration and ensure that Edo State is governed with a human face. We deserve more, and my administration will provide that.”

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