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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GOVERNOR OF ANAMBRA STATE OBIANO,SWORN IN 5 NEW COMMISSIONERS,YESTERDAY.

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Governor Willie Obiano (M) and the commissioners at the right                    Those sworn in yesterday monday are Mr Okey Moka {Finance],Mrs Gladys Ilobi {Special Duties} Mr Afam Mbanefo {Agriculture},Mr Frank Offor {Housing and Urban Development} and Dr Uju Nwogu {Information,Cultural and Tourism}.Governor Willie Obiano said he has appointed the five new Commissioners to assist in steering the affairs of the state.Administering Oath of office on the appointees on Monday in Awkka,the Director of Civil Litigation,Mr Emeka Ike,explained that the appointment was in the accordance with the provision of sections 190 and 194 of the constitution of the country.The governor on his part congratulated the appointees,urging them to see their appointments as a priviledge and call to serve the people.''Serving under this administration is an honour to those of you who have been sworn in and we look up to assist in moving the state forward.What you have just signed is your job specifications,with time frme for performance monitoring.So you will only stay apart of the team,if you are found worthy''.Responding on behalf of the commissioner,Nwogu expressed gratitude to the governor for find them worthy to serve the state,promising to key into the tempo of development strides.

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