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

I'M AN UNOFFICIAL APC MEMBER, SAYS SHAIBU. (PHOTO).


  I’m an unofficial APC member, says Shaibu


The reinstated Deputy Governor of Edo State, Philips Shaibu, on Friday, said he was already an unofficial member of the All Progressives Congress.


He said the only thing still keeping him in the Peoples Democratic Party was because he was yet to officially dump the ruling party in Edo.


Reacting to questions on why he was supporting the APC governorship candidate in Edo when he featured on Arise TV’s morning show on Friday, the deputy governor maintained that his spirit had left the PDP.


“In PDP now, everybody can support whoever they like. On the issue of supporting a candidate, the constitution guarantees that you can support who you like and you can belong to any political party,” Shaibu said.


He added, “As of now, I’m a PDP man and I will not support anybody while I am in another party contrary to who I am supporting. For now, I am a member of PDP but going forward, I am good as being a member of APC; I can tell you that.”


When interjected that he (Shaibu) seems to have one leg in APC and one in PDP, he countered the claim, saying, “No, two legs in APC.


“The only thing that is keeping me in PDP is that I have not officially declared. Talking more seriously, I am actually a member of APC, but on official. My spirit has left PDP for a long time, it is only my leg and body that are still there because my PDP party card is still with me and I have not picked an APC party card yet. But in terms of spirit, my spirit has left PDP and is now in APC.”


He also alleged that since the political crisis in the state started, he had called his principal, Governor Godwin Obaseki, 111 times without the governor picking up his calls or returning them.


“I had made up my mind not to call him again, but I always send him texts. Before now, when I started counting, I called him (Obaseki) 111 times during that crisis, but he never picked up. I sent him texts, and he never replied, but it never really mattered. The last text I sent to him was on his birthday,” Shaibu said.


Recall that Shaibu was impeached by the State House of Assembly on April 8, 2024.


However, he was reinstated on Wednesday after Justice J.K. Omotosho of the Abuja High Court ruled that he was unjustly impeached.


Meanwhile, a police officer identified as Okon, attached to the APC candidate in the September 21 governorship election, Monday Okpebholo, was killed after mobs attacked his convoy and that of Shaibu, in Benin on Thursday after leaving the Benin Airport.


Shaibu and Okpebholo arrived at the Benin Airport around 2 pm to the rousing welcome of supporters.

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