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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EKPA REPLIES NGOZI OKONJO-IWEALA OVER $57.5BN WORLD BANK LOAN CLAIM. (PHOTO).

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 Ekpa replies Ngozi Okonjo-Iweala over $57.5bn World Bank loan claim


Simon Ekpa has denied the claim that he said the World Bank, through the former Nigerian Finance Minister, Ngozi Okonjo-Iweala, agreed to loan the Biafra Republic Government In Exile a sum of $57.5 billion.

Ekpa spoke on Thursday through his X handle.

His comment came after Okonjo-Iweala reacted to a statement purportedly from Ekpa, wherein he allegedly said the World Bank okayed a $57.5 billion loan for Biafra agitation.

“I know no sensible person will believe what is contained in the outrageous tweet below but in these troubled times, it is important to underscore that the statement is false.

“Again, I enjoin all those seeking to misuse my name to desist,” Okonjo-Iweala, the Director General of the World Trade Organisation, stated in her response to the said statement.

However, reacting, Ekpa said he never made any comment regarding the World Bank loan.

“I never tweeted such; it is even surprising that you can tweet this because your name was mentioned. We have been tweeting about the terrorism in Nigeria against your people and you never responded nor showed any remorse.

“Here you are, defending what nonentities did with your name, but have been mute about all the killings by the government you served. I congratulate you for always defending yourself and your integrity, even when they are photoshopped.

“It shows you are a mother. Thank you for defending yourself but I never tweeted such a thing; it is false and fake,” he wrote.

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