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

SUSPEND #END-BAD-GOVERNANCE PROTESTS NOW, ADEGBORUWA TELLS YOUTHS.(PHOTO).


 Suspend #EndBadGovernance Protests Now, Adegboruwa Tells Youths


As the #EndBadGovernance nationwide protests enter the second day, human rights lawyer Ebun-Olu Adegboruwa has asked youths to immediately suspend the demonstrations.


“Though the intention of the organisers was to achieve peaceful and well-coordinated protests, it would seem that fifth columnists and some angry persons infiltrated the ranks of the protesters to derail their laudable mission,” he said in a statement on Friday.


“I appeal to the protesters to withdraw themselves from their various protest grounds and to suspend the protests immediately and indefinitely, in order to give room for meaningful dialogue and engagement with the government.


“Given that the protests were said to have been hijacked by sponsored agents, it is necessary to avoid further losses and casualties.


“The organisers of the protests and their representatives should embrace dialogue with the government,” he said.


The lawyer to the Take It Back Movement, one of the groups that organised the protests, regretted some deaths and losses recorded during the demonstrations, saying it was not the goal of the protests.


He expressed his “sincere condolences to the employers and families of the security personnel and also to the protesters, praying to God to comfort them and to grant them the fortitude to bear the irreparable losses”.


The Senior Advocate of Nigeria (SAN) had on the eve of the protests on Wednesday urged the organisers to reduce the 10-day action to one day.


He called on President Bola Tinubu to “directly address the nation and then engage the protesters, through their representatives”.


He said the government should thereafter set up a committee comprising men and women of integrity to meet with the protesters to address the issues that they have raised.

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