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

DON'T PROTEST IN FCT, CP URGES RESIDENTS. (PHOTO).


 Don’t protest in FCT, CP urges residents


The FCT Commissioner of Police, Bennett Igweh, has called on residents and indigenes not to partake in the nationwide protest.


Some groups and citizens had scheduled a nationwide protest for August 1 in response to the economic hardship in the country.


However, the FCT CP, while speaking with journalists in Abuja on Monday, urged residents to shun the protest.

He stated that the police have made significant efforts to ensure security in the FCT, adding that the protest could jeopardise it.


Igweh said, “I want to appeal specifically to the residents and indigenes and everybody in the FCT. Please, lions do not destroy their dens. You cannot see a lion who destroys its den. No, I would not like you to join this protest. I plead with you because we have worked hard to ensure your safety.


“We have fought those people outside Abuja. We have been to Kaduna, Nasarawa, and Niger to fight criminals so that you can be safe. I have lost men. Last week alone in Gidango, I lost two policemen. The other day, I lost two more. Let our loss pay for the protest. I want to plead with you.


“We don’t need you to be in the streets before somebody will say they are trying the police’s might. Or you will say, you will do this, you will do that. Please, please, don’t destroy where you are living.”


Igweh added that the government was doing its best by providing good roads.


“If you check, the government has provided good roads. Whether it’s from the minister of FCT or the president, check the streets in FCT, from Wuse to anywhere you can check, even in the hinterlands.


“They are trying their best. I don’t need to talk to anybody, but I’m saying it because we have been in the FCT. We know when there are changes. There are changes now in the FCT.


“And we don’t want miscreants outside the FCT to come and start destroying them. We will go back to square one where we were before. I plead, I beg of you, do not join this protest,” he added.


He urged the FCT residents to ensure the nation’s capital remains safe by shunning the protest.


“Let us continue collectively to make the FCT safe. Let them go and do what they want to do. But not with us.


“Act maturely. Act maturely. Act like people who appreciate. Even the losses we have suffered to ensure your safety. Use it to appreciate us. If you do this, we will be happy. We will continue to provide security for you. God bless all of you,” he said.

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