INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).
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
The archbishop of onitsha velerian okeke,convened a meeting in which at the end the Nnewi diocese were said to have walked away in protesr when they suggested that ifeanyi uba should be placed as their first choice because ubah is currently building a cathedral for them in nnewi.The Archbishop onitsha told everybody to go home and vote for their ow candidates of their choice.During the meeting,Ngige was said to have emerged tops on the poll which the church heads conducted with ifeanyi uba trailing second and obiano third.
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