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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WITHDRAW BEGGARS ARREST THREAT OR FACE LAWSUIT, SERAP WARNS WIKE. (PHOTO).

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 Withdraw beggars arrest threat or face lawsuit, SERAP warns Wike

The Socio-Economic Rights Accountability Project has urged the Minister of the FCT, Nyesom Wike, to withdraw his threat to arrest beggars in the nation’s capital or face legal action.


The group, in a post on its official X handle, #SerapNigeria, on Wednesday, stated that no one should be criminalised for their socio-economic status, adding that the Minister should instead provide opportunities to help them rebuild their lives and reintegrate into society.

The flag-off ceremony for access road construction in the Katampe District of the Federal Capital on Tuesday, Wike threatened a crackdown on beggars, announcing that enforcement agents would start apprehending them from Monday.

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