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

PRESIDENT TINUBU HONORS OGONI MARTYRS. (PHOTO). #PRESS RELEASE.


 STATE HOUSE PRESS STATEMENT


 


PRESIDENT TINUBU HONORS OGONI MARTYRS


 


President Bola Ahmed Tinubu has reaffirmed his administration's commitment to fostering dialogue, reconciliation, and healing among all ethnic nationalities that make up our great nation.


 


In a special message commemorating the 2024 Ogoni Martyrs Remembrance Day, President Tinubu stands in solidarity with the National Youth Council of Ogoni People (NYCOP) and all Ogoni citizens to honour those who made the ultimate sacrifice in defence of the Ogoni nation’s interests.


 


This year’s commemoration, themed “After Price, Comes Prise,” reflects our collective commitment to acknowledging the pain and the lessons of the past as we aspire for a brighter future.


 


"We honour their memory by recognising the sacrifices made and pledging to strive for a future characterised by peace, justice, and sustainable development for all communities, particularly those in the Niger Delta," said President Tinubu.


 


The President reaffirmed that his administration will actively address historical grievances and work towards building a united and prosperous nation for future generations. This vision will be realised through constructive engagement and mutual respect.


 


Oil was first commercially discovered in Oloibiri, Ogoniland, in 1958. The subsequent struggles of Ogoni leaders to protect their environment from harmful oil exploration were met with severe repression, culminating in the tragic execution of Ken Saro-Wiwa and eight other leaders in 1995.


 


“As we remember the Ogoni Martyrs, let us honour their legacy by committing to a future where such injustices are no longer tolerated and where the voices of all Nigerians are heard and respected”, President Tinubu said. 


 


Bayo Onanuga


Special Adviser to the President  


(Information & Strategy)  


November 11, 2024

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