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 $3bn in loans and bonds during this period based on false and misleading statements. Shares of Adani Enterprises, the group's flagship firm, closed down 22% on Thursday. Other group firms also closed in the red. Adani Green Energy, which is the firm at the c
According to a post on facebook,the gentleman seen in the photo above is a Nigerian/Anambra state citizen and he roasts corn in Dubai as a delicacy and sells them to passersby.In an exclusive chat with Anambra State Online media that Mr Obinna opened up on how he stated the business and the benefits .He says ''My name is Obinna,When i arrived Dubai and couldn't get a job,i decided to think out of the box on what to do to make a living and one day,while in a local restaurant,a man came and placed an order..When the waiter came with the order,it was Chicken With Mashed Potato and Grilled Corn but the corn was not roasted the native Nigerian way as we do with coals.That was when the idea came and i decided to give it a try.I contacted a local farmer who supplied raw corn for me and started roasting them close to my neighborhood across the street.At first,people who passed by looked at me with curiosity as they had never seen anything of its kind up until one man approached me and i gave him one corn cob to taste.He liked it and the following day,invited 4 of his friends who bought and even took some home''.According to Obinna,that day marked the beginning of his turnaround in the business.The business according to him is the first of it's kind in Dubai and in no time became a popular delicacy in the neighborhood with people especially Nigerians living there who want to have a taste of him on a daily basis''.When asked how much he makes as profit Obinna smiled and said ''The profits are not bad.I sell each corn cob for about 5 to 8 Dirham depending on the size and on a very good day,i take about 60 to 80 Dirham {22$USD} {8,000} home.'',he said.
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