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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PANDEF SETS UP RECONCILIATION COMMITTEE TO RESOLVE WIKE, FUBARA CRISIS. (PHOTO).

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 PANDEF sets up reconciliation committee to resolve Wike, Fubara crisis


THE Pan-Niger Delta Forum, PANDEF, led by the South-South leader, Chief Edwin Clark has set up a High Level Peace and Reconciliation Committee to mediate on and resolve the lingering crisis between the Minister of the Federal Capital Territory Administration, FCTA, Nyesom Wike and Governor Siminalayi Fubara of Rivers State.


In a Communique issued at the end of its Special General Assembly meeting held in Port Harcourt weekend, PANDEF said that the reconciliatory committee is also saddled with the responsibility of nipping in the bud, all disputes and conflicts within the area.


The Communique was signed by King Alfred Diette-Spiff, the Amayanabo of Twon Brass and first Military Governor of Rivers State as Co-Chairman, Board of Trustees; former Governor of Akwa ibom State, Obong Victor Attah, Co-Chairman, Board of Trustees; former Nigeria Ambassador to Scandinavian countries( Sweden, Denmark, Finland and Norway), Dr. Godknows B. Igali, National Chairman; Hon Godwin Okotie, Ag. National Secretary and Dr. Obiuwevbi Ominimini, National Spokesman.


The Reconciliation Committee which is headed by Obong Victor Attah, Co-Chairman, Pandef BOT, has Senator Emmanuel Ibok-Essien; former Senate Whip, Senator Rowland Owie; Senator Stella Omu; former Deputy Governor of Bayelsa State, Rear Admiral G. John-Jonah; H. E. Pam Ogar, and Rt. Hon. Dr. Stella Dorgu as members.


It said, “The Assembly hereby sets up a High Level Peace and Reconciliation Committee to mediate on and resolve all disputes and conflicts within the area. The Committee is headed by His Excellency, Obong Victor Attah, Co-Chairman, Pandef BOT. Others on the Committee are Senator Emmanuel Ibok-Essien, Senator Rowland Owie, Senator Stella Omu, H. E. Rear Admiral G. John-Jonah, H. E. Pam Ogar, and Rt. Hon. Dr. Stella Dorgu.”

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