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

ATIKU FAULTS PROSECUTION OF #END-BAD-GOVERNANCE PROTESTERS. (PHOTO).


 Atiku faults prosecution of #EndBadGovernance protesters


Former Vice President Atiku Abubakar on Friday reacted to the disturbing viral videos of malnourished children being arraigned before a Federal High Court on Friday.


This was disclosed in a statement issued by his media team in Abuja and a corresponding post on his official X account.


No fewer than 76 #EndBadGovernance protesters were paraded before Justice Obiora Egwuatum for their scheduled arraignment.


They were arrested and detained during the nationwide August 1 to 10 protests, which were sparked by widespread economic hardship that led many Nigerians to take to the streets to express their grievances.


The protesters, who were arrested in Abuja, Kaduna, Gombe, Jos, Katsina, and Kano states, were being accused of treason among other offences.


However, four of the detained demonstrators, mainly minors, were said to have been hurriedly rushed out of the courtroom after they struggled to stand on their feet.


Reacting, Atiku lamented that the pitiable sight of the children in the courtroom ”was reminiscent of the infamous Nazi concentration camp.”


The Peoples Democratic Party presidential candidate in the 2023 election also noted that it was an utter violation of Section 11 of the Child’s Rights Act, which guarantees that no child should be subjected to physical, mental, or emotional injury as well as torture and inhuman punishment.

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