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

AKPABIO DIDN'T SAY HE WOULD EAT WHILE OTHERS PROTEST- AIDE. (PHOTO).


 Akpabio didn’t say he would eat while others protest -Aide


Kenny Okolugbo, Consultant Communications and Strategy to the Senate President, Godswill Akpabio, has debunked claims that the Senate President said he would be “eating while protesters are protesting.”


Okolugbo, in a statement made available to our correspondent on Thursday, emphasised that Akpabio never made such remarks.


“He (Akpabio) was merely quoting the Managing Director of the Niger Delta Development Commission who remarked that the Niger Delta Youths have greatly benefited under his and the Amnesty boss’ leadership,” Okolugbo explained.


He further clarified that the Senate President, during his visit to the NDDC-sponsored youths stakeholders summit in Port Harcourt, Rivers State, on Tuesday, highlighted that the Niger Delta region, despite ongoing challenges, has not resorted to protests.


He noted that Akpabio, being the highest-ranking government official from the region, empathised with the people’s hardships, acknowledging the prevailing hunger and economic difficulties.


He said his principal praised the government’s efforts to mitigate the issues, citing the implementation of a new minimum wage and the establishment of the Northwest and Southeast Development Commissions.


The statement added that Akpabio announced an empowerment initiative aimed at providing 10,000 youths with a monthly stipend of N50,000, designed to alleviate economic hardship.


Okolugbo added that he likened this effort to the enduring pains before the birth of a child, urging patience and understanding from the Niger Delta populace towards President Bola Ahmed Tinubu’s administration.


Media reports had earlier quoted the Senate President as asking organisers of the #EndBadGovernanceInNigeria protest to go ahead with the demonstration while they watch on eating.


He was further quoted as saying that the Niger-Delta people were not ready for a regime change while referencing the statement of the MD of the NDDC.


“All of us feel the impact of what is happening now. But we are aware it will be for a short while. MD, I want to thank you for what you said. You said we are not interested in regime change; let us own this government,” Akpabio said.

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