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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I DIDN'T DISCUSS NNAMDI KANU'S RELEASE WITH SOUTH-EAST GOVS- OBASANJO. (PHOTO).

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 I didn’t discuss Nnamdi Kanu’s release with South-East govs – Obasanjo


Former President Olusegun Obasanjo has disclosed that the issue of releasing Nnamdi Kanu was not part of his discussion with the South East governors in Enugu State, on Tuesday.


The former President and Chief Emeka Anyaoku met with the governors on their own invitation to discuss regional development issues, and the purported plan release of Kanu by the federal government was not part of it.


A release by his Special Assistant on Media, Kehinde Akinyemi, on Wednesday, stated that the regional development issues include that of security and infrastructure.


Others were economic and cooperative/collaboration, which was meant to complement the national economic development agenda.


“The meeting with them was at my invitation and Chief Emeka Anyaoku before their summit begins.


“The issue of Nnamdi Kanu was not on the agenda and was not discussed in my presence,” Obasanjo was quoted as having said.

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