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 OBIANO SIGNS ANAMBRA AIRPORT MOU TODAY.{PHOTOS}.

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Image may contain: 6 people, people sitting and indoor             Today,Anambra State under Governor Willie Obiano signed a Memorandum of Under standing ''MoU} that would ensure the immediate commencement of work on the proposed Umueri International Cargo Airport with a view to having the airport ready for use in three years.The agreement was between the Government of Anambra State,China Aviation,Orient Petroleum Resources Ltd and Elite International Investment Holdings Ltd.Following the successful agreement signing ceremony,Governor Obiano will flag off construction work on the site designated for the airport tomorrow in Umueri.More photos below.
Image may contain: 5 people, people standingImage may contain: one or more people and people standingImage may contain: 8 people, people sitting

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