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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SENATORS PASS VOTE OF CONFIDENCE IN AKPABIO. (PHOTO).

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 Senators pass vote of confidence in Akpabio


Twenty-four hours after refuting reports of an alleged impeachment plot, the Senate, on Thursday, passed a vote of confidence in the Senate President, Godswill Akpabio and the entire leadership of the Red Chamber.


Reports of a purported impeachment plot by unnamed northern senators surfaced on social media on Wednesday morning, but both the Senate and Akpabio swiftly dismissed it as fake news.


During Thursday’s plenary, Yahaya Abdullahi (PDP, Kebbi North) rose under orders 10 and 42 of the Senate standing rules to address the issue again.


Abdullahi stressed the importance of dispelling the false narrative and clearing the names of northern senators accused of plotting Akpabio’s impeachment.


The publication is undermining the context of our democracy and is undermining the capacity of this institution to deliver in the presence of governors of this country,” Abdullahi stated.


He further called for unity, saying, “We must rise and get united under the leadership to ensure that this kind of discourse is completely negated and for the kind of unity we have forged in the last 18 months to be sustained and fully accomplished.”


Abdullahi rejected the notion that northern senators were involved in any such plot, adding, “For us to be characterised as promoting or supporting anybody to bring the leadership of this institution down is bad and should be disregarded.”

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