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
It was reported today sunday that the governor of Cross River state Ben Ayade has suspended the Permanent Secretary of the Ministry of Education Mrs Anne Odey for banning devotion in schools in the state.Mrs Anne Odey had written last week to all private and public schools at primary and secondary levels across the state,suspending morning and afternoon devotions.The directive was said to have emanated from the Commissioner for police in view of security challenges facing the nation.But the security Adviser to Ayade,Jude Ngaji told reporters in Calabar yesterday saturday that the Governor was not aware of such directive.He added that the Permanent Secretary didn't pass such directive through the governor.One more photo below. 
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