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
Anambra State Online is claiming that The All Progressives Grand Alliance {APGA} has called on Igbo politicians to dump All Progressive Congress {APC}. APGA made this call in a Town Hall meeting that took place in Idemili North Local Government Area of Anambra state.The party said there is no point for the Ndigbo politicians remaining in the APC since it is controlled by Hausa.The All Progressives Grand Alliance {APGA} has urged Igob politicians to dump All Progressives Congress {APC} for APGA,''which symbolises the late Biafra war lord,Chief Chukwuemeka Odumegwu Ojukwu''.It was gathered that since Arewa youths have asked Igbo in the north to go to their place of origin,APGA urged Igbo people to make sure that they denounce the ruling party which they the major stakeholder are Northerners.It was learnt that this was made known in a Town Hall meeting that took place in Idemili North local government area of Anambra state.
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