INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

Image
  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

SECURITY AGENCIES HAVE IDENTIFIED SENATOR SPONSORING PROTEST, SAYS WIKE. (PHOTO).


 Security agencies have identified senator sponsoring protest, says Wike


Nyesom Wike, minister of the Federal Capital Territory (FCT), says security agencies have identified a senator who sponsored protests in the nation’s capital.


On Thursday, a youth-led nationwide protest against the rising cost of living kicked off.


Speaking after a security council meeting in Abuja, Wike said the unnamed senator provided food for the protesters.


“We also have information that a senator had to invite some security agencies to lead some of them to go and provide food for the protesters,” the minister said.


“That is sponsorship. A senator is providing food for protesters.


“At the appropriate time, security agencies will invite the senator and find out how you will be sponsoring this kind of thing against the government of the day.”


Wike said there is intelligence suggesting that protesters want to destroy public property on Friday.


“You saw what happened today where some people tried to move into Eagle Square,” he said.


“Miscreants may not have succeeded in what they wanted to do, but we have intelligence that they are coming out tomorrow to destroy property that will lead to loss of lives.


“The security agencies will not allow that. Every protester, please, go to the MKO Abiola stadium and do your protest. That is what the court said.


“See what happened in some of the states today. Now, look at the loss of lives. If such a thing happens in the FCT, what do you think people would say? Here we have the international community carrying out their businesses.”


The protest is expected to continue on Friday.

Comments

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

SSANU, NASU THREATEN STRIKE OVER WITHHELD SALARIES. (PHOTO).