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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'WE HAVE BEEN PUSHED TO THE WALL', SSANU PRESIDENT SAYS ON NATIONWIDE STRIKE. (PHOTO).

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 ‘We Have Been Pushed To The Wall’, SSANU President Says On Nationwide Strike


The National President of the  Senior Staff Association of Nigerian Universities (SSANU), Mohammed Ibrahim said its members and those of the Non-Academic Staff Union of Educational and Associated Institutions (NASU) embarked on the nationwide strike because they “have been pushed to the wall”.


He revealed this on Monday.


According to him, the two groups eventually decided to embark on the strike as a last resort, after several attempts and meetings with government officials to resolve the challenges had hit the rocks.


The group commenced an indefinite nationwide strike within campuses of public universities on Sunday, to demand the immediate release of their four months’ withheld salaries.


“We have made several efforts to engage with the government to resolve the situation.


“Even before the extension we made on the 23rd, there were several extensions given. Recall that this is not a new issue.


“In July, precisely on the 17th, we had several protests in Abuja. Thereafter, NLC took over the matter to the president when they discussed the new minimum wage. It was at that meeting that the president gave the directive that 50 per cent of the four months be paid, which is four months. But three months later, the promise has remained elusive.


“We have had several discussions with the ministers of education, and they assured us but, the promise remains elusive,”


He added that although the newly appointed minister of education had reached out to him for discussion, however, members of the groups would not back down from the strike until payments were made.

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