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
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ASSU PROTESTS VICTIMISATION OF LECTURES TODAY. (PHOTO).

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 ASUU Protests Victimisation Of Lecturers Today


The Academic Staff Union of Universities will hold a rally today, Tuesday, against the dismissal of five lecturers at Lagos State University, Ojo.


A statement released by ASUU Owerri Zone said the lecturers were illegally dismissed.


The rally commenced at 10 am.


According to the letter, the union also listed other institutions where its members are facing victimisation, including Kogi State University (KSU), Ebonyi State University (EBSU), Ambrose Ali University Ekpoma (AAUE), Edo State, Chukwuemeka Odumegwu Ojukwu University (COOU), Anambra State, and the Federal University of Technology Owerri (FUTO), Imo State.


The statement reads in part, “Fellow Nigerian and compatriots, we are disheartened by the deliberate reluctance of the respective university administration governing councils and visitors of the stated universities to halt the spiralling victimisation of academic staff for all standing for truth.


“The victimisation suffered by our members ranges from dismissal from service, suspension from duty and statutory meetings, denial of promotion, deliberate seizure of salaries, non-payment of promotion arrears, non-responsibility by seeking the truth, finding the truth, teaching the truth and defending the truth.


“ASUU is particularly disturbed at the seeming travesty of justice in the judgment delivered against our members at the Kogi State University, Anyigba, after seven years of waiting!”


In 2019, the university’s management dismissed several ASUU members, including Isaac Oyewumi, the union’s chairman; Adebowale Adeyemi-Suenu, vice chairman; Dr. Tony Dansu, secretary; Adeolu Oluwaseyi Oyekan, assistant secretary; and Oluwakemi Aboderin-Shonibare, treasurer.


The university asserted that accusations of unauthorised removal, retention, distribution, or publication of official confidential documents led to the dismissal of the lecturers.


However, the affected lecturers had refuted the allegations, according to previous reports.

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