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

SENATE NEVER PROPOSED NEW AIRCRAFT FOR TINUBU, SHETTIMA, SAYS AKPABIO.(PHOTO).


 Senate never proposed new aircraft for Tinubu, Shettima, says Akpabio


Senate president, Godswill Akpabio, has dismissed a report that the 10th Senate is allegedly proposing that the federal government should procure new aircraft for President Bola Tinubu and his vice, Kashim Shettima.

Speaking to newsmen in Maiduguri shortly after leading a delegation to pay a condolence visit to Senator Mohammed Tahir Monguno over the death of his father, Akpabio noted that the report is not true.

According to a statement by Akpabio’s media office in Abuja, last week, reports filtered in the media that the Senate president commented that the Senate would approve the purchase of new aircraft for the president and vice president irrespective of the fact that Nigerians are hungry.

The Senate president said the report was from propagandists and fifth columnists, stressing that the Senate was focused on delivering legislation that would support the actualization of President Tinubu’s Renewed Hope Agenda.

Akpabio, who expressed satisfaction with the present security situation of Borno state, urged Nigerians to continue to pray for the present administration.

Akpabio said: “I want to dispel the rumour that you are hearing that the Senate President said he will buy a new plane for the President and his Vice, irrespective of the fact that Nigerians are hungry or whatever.

“I never said that. I was actually in Zanzibar, Tanzania. It is the handiwork of propagandists and fifth columnists, who never see anything good in what we are doing. Be rest assured, pray for the government, have patience, and be assured that the combination of Tinubu and Shettima will bring wealth and prosperity to all.

“I am happy to see that peace has returned to Borno, as a result of the hard work of President Bola Ahmed Tinubu. I want to tell the good people of Borno to continue to support the administration.”

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