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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OCTOBER 1: PROTEST IS YOUR RIGHT- AFENIFERE TELLS NIGERIAN YOUTHS. (PHOTO).

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 October 1: Protest is your right — Afenifere tells Nigerian youths


Ahead of the planned nationwide protests on Tuesday, October 1, pan-Yoruba socio-cultural organisation, Afenifere, has said the planned demonstration is within the right of Nigerians.


DAILY POST reports that some Nigerian youths are planning to stage a nationwide protest on the day the nation is celebrating its Independence Day anniversary.


The protest is birthed by the growing hunger and other economic hardship bedevilling the citizens.


Speaking on the matter, the Leader of Afenifere, Chief Reuben Famuyide Fasoranti, said in a statement by its National Publicity Secretary, Comrade Jare Ajayi, that “it is the right of the people to do so.”


The organisation, however, pleaded that such should be done peacefully without looting or causing any damage to property and without harming anybody.


The statement called on the federal government under President Ahmed Bola Tinubu to do more in the areas of security, agriculture, education, and the economy and increase its efforts at ensuring that available infrastructure functions while also working on providing more.


“State governments are also urged to do more in infrastructure and service delivery, particularly in those areas where there is no constitutional inhibition for them.


“The local governments too should be alive to their responsibilities now that they are having fiscal autonomy so that people’s welfare can improve tremendously,” he said.


According to the statement, Afenifere also commended the enduring spirit of Nigerians, expressing optimism that things should take a better shape soonest.


The Afenifere leader opined that although the country is going through a challenging moment, there is a need to acknowledge the modest progress made since independence.

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