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

PROTEST: OBI WRITE ONANUGA DEMAND N5BN, APOLOGY. (PHOTO).


 Protest: Obi write Onanuga demand N5bn, apology


Presidential Candidate of the Labour Party (LP) in the 2023 general elections, Peter Obi has given Mr. Bayo Onanuga, the Special Adviser on Communication and Strategy to the President, 72 hours within which to pay N5bn as damages as well a public apology published in four national newspapers for defamation and libel or face legal action.


Obi demanded that Mr. Onanuga, retract his wild allegation, linking him to the planned mass protest scheduled for August.


Recall that the Presidential Spokesperson had on July 20, 2024, claimed in his X handle @aonanuga1956 that, “ Peter Ob’s supporters are the people planning mayhem in Nigeria and that Obi should be held responsible for anarchy.”


Obi writing through his counsel, Chief Alex Ejesieme, SAN of the MADIBA Chambers, said that the allegation which was widely published in social and mainstream media and read by many within and outside the country, maligned his hard-earned reputation as a man who indulges in violence when all his antecedents are vivid that he abhors violence even in the face of extreme provocation.


The legal counsel wrote, “It’s our client’s conviction that the publication was a calculated plot to demean, ridicule, humiliate and embarrass him by the estimation of every right thinking member of the society.”


The letter further stated that the allegation may have achieved its insipid motive as well-wishers from all around the globe have inundated Obi to register their shock.


“His appellation as ‘Okwute’ ( the Rock) notwithstanding, the demeaning and scandalous publication has also caused a serious emotional injury to our client given his decades of stellar stewardship in private and public life.


“Consequently, we have our clients mandate to demand that you retract the statement made in the publication and tender an unreserved apology to him within 72 hours of the receipt of this letter in not less than 4 National Dailies to wit: Vanguard, THISDAY, Punch and the Cable, including your verified X“@aonanuga1956.


“Our client is also making an unequivocal demand for the monetary damage of N5b for the embarrassment your defamatory publication has caused him and his family.”


The letter further read, “In the event of your failure to meet the demands set out above, our client shall be constrained to approach a Court of Competent jurisdiction and take legal action against you for defamation and libel.”

Comments

  1. This is truly a libelous publication which HE Peter Obi must not take with levity.
    It's actionable and should be pursued with all seriousness.
    May be this will serve as a deterrent to others who just open their mouth and talk rubbish against their fellow human beings because of their position in government without respect for humanity.

    ReplyDelete

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