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
Billionaire business man cum oil magnate Dr Patrick Ifeanyi Ubah Ifeanyi Ubah in his strides to help humanity and reward loyalty on the Twenty Seventh of December Presented Innoson IVM Fox Two thousand and Fourteen Hatchback Sedan car to his Senior Special Assistant on Media Mr. Ikechukwu Emeka Onyia as a marriage gift to the newly married couple.This is coming 3 days after the Nise born media guru tied the knot with his woman last Saturday which is on the Twenty Fourth of December.Dr Ubh before the presentation of the car said the gift is been given because of the cordial relationship that exists between him and his aide Ikechukwu who he said has remained committed and loyal to him.He also advised the newly married couple to live in love and tolerance as that is the only panacea for a lasting relationship.Mrs Amaka Onyia who could not hide her joy thanked him for his benevolent act and prayed that God will continue to enrich his pocket.In the same vein,Ikechukwu Al Barney Amaku one of the FC Ifeanyi Ubah media team who bagged the Twenty Sixteen sports analyst of the year in the Anambra Arise Media Award presented the award to the club proprietor.More photos below.
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