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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PRESIDENT TINUBU URGES PEACE AND CIVILITY IN EDO STATE GOVERNORSHIP ELECTIONS.(PHOTO).#PRESS RELEASE

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 STATE HOUSE PRESS RELEASE


PRESIDENT TINUBU URGES PEACE AND CIVILITY IN EDO STATE GOVERNORSHIP ELECTIONS


President Bola Ahmed Tinubu has called on all stakeholders in the upcoming Edo State governorship elections to conduct themselves peacefully and sportingly. The election is scheduled for Saturday, September 21, 2024. 

 

The President implores the governorship candidates, political parties, and supporters to respect the democratic process and the people's will. He believes in the voters' ability to make informed decisions about their future leaders. 

 

President Tinubu emphasises that democracy thrives on civility, tolerance, patience, and respect for the rules of the game. He notes that the Independent National Electoral Commission (INEC) has committed to conducting a free and fair election and urges all stakeholders to work together to ensure a successful and peaceful process. 

 

The President commends the governorship candidates and political parties for their campaigns, which have focused on issues that matter most to the people of Edo State, including improving livelihoods, promoting economic growth, and contributing to national development. 

 

He urges all citizens in the state to remain peaceful and respectful throughout the voting process. He encourages them to resolve any disagreements amicably through the constituted authorities. 

 

In addition, President Tinubu expresses unwavering confidence in the professionalism and integrity of security agencies and INEC officials. He urges them to remain impartial and avoid any actions that could compromise the integrity of the electoral process.

 

Bayo Onanuga 

Special Adviser to the President  

(Information & Strategy) 


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