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

AUGUST 1: CAN URGES PROTESTERS TO CONSIDER ALTERNATIVE MEANS.(PHOTO).


 August 1: CAN urges protesters to consider alternative means

 

…Give govt time to address issues, says Okoh


The national leadership of the Christian Association of Nigeria (CAN), on Friday, July 26, advised Nigerians, especially those who will be involved in the scheduled August 1 nationwide protest to consider an alternative means of expressing their grievances.

It recommended that Nigerians should give the government more time to address pressing concerns.

According to a statement issued and signed by CAN president, Archbishop Daniel Okoh, “This period should be used to explore other legal avenues that will not easily give hoodlums the opportunity to hijack the exercise to destroy our national assets or endanger lives and property”.

He stated: “The national leadership of the Christian Association of Nigeria (CAN) stands in solidarity with the citizens of our great nation during these challenging times of economic hardship and pervasive hunger. We recognize and deeply empathize with the pain, anger, and frustration that many of our fellow Nigerians are experiencing.

“The cries of the people underscore the severe difficulties faced daily as families struggle to afford basic necessities and sustain their livelihoods.

“As we navigate this period of crisis, it is imperative to uphold the constitutional rights of every Nigerian to peacefully protest and express their grievances. The right to assemble and voice discontent is a cornerstone of our democracy and must be protected and respected by all. Peaceful protests are a powerful tool for civic engagement, allowing the populace to communicate their concerns and hold leaders accountable.”

Okoh said the anxiety related to the impending protests is heightened, especially given the volatile experiences in countries like Kenya and Pakistan.

He said: “We must also draw from our recent history. The #ENDSARS and #RevolutionNow protests, though rooted in genuine grievances, were marred by tragic incidents where miscreants hijacked the process. This led to widespread looting, destruction of properties, and unfortunate loss of lives. These experiences have shown us that mass demonstrations can quickly degenerate into chaos if not properly managed and coordinated.

“In light of the planned protests scheduled to commence on the 1st of August, CAN urges all Nigerians to consider alternative means of expressing their grievances. We recommend giving the government more time to address these pressing concerns”.

The CAN President called on the government to cut the cost of governance and expedite its efforts to alleviate the hardships in the land.

“The opulent lifestyle of political office holders must be addressed to demonstrate the sincerity of those in government to improve the living conditions of the people. Likewise, it is imperative that the government implements the newly approved national minimum wage to provide immediate relief to struggling families.

“Furthermore, specific measures must be taken to put an end to kidnappings, banditry, and mass killings that have plagued various parts of our country. The security and well-being of every Nigerian should be paramount, and urgent action is required to restore peace and order.

“We also call on the government to expedite its efforts to alleviate the hardships in the land. There is an urgent need for more refined and effective policies that address the root causes of the economic challenges we face. The government must deepen its consultations with stakeholders, including religious leaders, to create a more inclusive and comprehensive approach to problem-solving. By working together, we can devise sustainable solutions that reflect the needs and aspirations of the people.

“In these trying times, let us all remember the words of our Lord Jesus Christ: “Blessed are the peacemakers, for they shall be called the children of God” (Matthew 5:9). As we seek to bring about positive change, let us do so with a spirit of peace, love, and unity. Our strength lies in our ability to come together, support one another, and work collectively toward a better Nigeria.

“We pray for wisdom and discernment for our leaders, resilience and hope for our citizens, and divine intervention to guide us through these difficult times.

“May God bless Nigeria and grant us the peace and prosperity we earnestly seek”, Okoh added.

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