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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FUEL CRISIS: KYARI MUST GO- PROTESTERS STORM NNPC TOWERS IN ABUJA. (PHOTOS).

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 Fuel Crisis: Kyari must go – Protesters storm NNPC towers in Abuja 


Several Nigerians, especially youths have stormed the Nigerian National Petroleum Company Limited, NNPCL towers in Abuja, demanding the immediate resignation of Group Chief Executive Officer of the company, Mele Kyari.


The protesters, led by some Civil Society Organizations, CSO described Kyari’s leadership as incompetent, citing skyrocketing fuel prices, endless fuel queues, and economic hardship in Nigeria.

The protesters carrying placards with different inscriptions such as “we demand the immediate resignation of Kyari”, amongst others, said the leadership of the NNPCL boss has failed.


One of the conveners, Abdullahi Bilal who addressed journalists called for an end to “fraudulent fuel subsidy” and alleged importation of adulterated fuel, stating that it is a harmful practice that must stop immediately.

“Today, we call for the immediate resignation of Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL).

“We demand the complete removal of the fraudulent fuel subsidy regime that has only served to enrich a select few. Full deregulation is necessary to introduce transparency, competition and fairness to our oil sector.


"We also demand an end to the importation of adulterated fuel into Nigeria. This harmful practice must stop immediately and those responsible must be held accountable for the damage caused to our vehicles, businesses, and livelihoods”, he said.

One more photo below. 


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