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

BIANCA OJUKWU DEFEATS EMEKA OJUKWU JUNIOR IN HIS WARD AT NNEWI YESTERDAY.{PHOTOS}.

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      Bianca Ojukwu yesterday floored her step-son, Emeka Ojukwu Jr. in the Anambra State governorship election.
While Bianca is a staunch supporter of Willie Obiano, Emeka recently decamped to the All Progressives Congress, APC.
The wife of the former Biafran leader Dim Odimegwu Ojukwu expressed joy with the victory recorded by the APGA candidate at the polling units in her ward, Umudim Central School, in Nnewi North LGA.
A breakdown of results collated in the unit showed that APGA recorded 261 votes, APC 98, and PDP 80.
Speaking to newsmen in the area, Mrs. Ojukwu, said, “In my area, APGA is winning. I believe we will go on to win the election.”.Emeka Ojukwu Jr. had thrown his weight behind the APC candidate, Tony Nwoye.One more photo below.
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