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

KALU REVEALS WHAT WILL HAPPEN IF APC WINS ANAMBRA GOVERNORSHIP ELECTION.{PHOTO}

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       Former governor of Abia State, Orju Uzor Kalu, has stated that if electorates in Anambra State vote for the All Progressives Congress (APC) in the forthcoming governorship election, more federal projects will be attracted to the state.
Kalu, a chieftain of the APC reaffirmed that his party was determined to unseat the All Progressives Grand Alliance (APGA) in the November 18 governorship race.
According to him, the APC will do all it could to convince Anambra voters to reconnect the state with the centre.
Kalu made the call in Abuja on Sunday after hosting a group of businessmen from Nnewi, Anambra State.
He said, “The forthcoming election in Anambra State will be a good opportunity for Ndi Anambra to join mainstream politics.
“If Anambra State is governed by the APC, more federal projects will be attracted to the state.
“The South East had been marginalized by previous governments and the time is now to support President Buhari’s determination to uplift Ndigbo.
“It is glaring from the 2018 budget presented by the president to the National Assembly a few days ago that the 2nd Niger Bridge among other federal projects will be duly executed.
“The people of the South East have a lot to gain from joining the ruling party at the centre.
“Ndigbo are well known for their business acumen and as such if Anambra State is governed by the APC, it will be easier to use the federal might to develop commercial hubs across the South East.
“Gone are the days Ndigbo didn’t participate in national politics. We are glad that our people are now appreciating the essence of getting involved in Nigeria’s democracy.
“Our businesses cannot grow if we don’t elect credible people who can provide the basic necessities of life such as good roads, uninterrupted power supply, soft loans, free education and quality health facilities.
“Going forward, Ndigbo will not play politics of exclusion.
“We will work closely with the ruling party at the federal level in order to attract development to the South East.
‎”I am impressed with the scheduled two-day working visit of the President to Ebonyi State.
“I equally believe that the President will join us for the grand finale of the APC governorship campaign in Anambra State next week.
”These visits show that the collective interest of Nigerians regardless of party affiliation is paramount to the President.”
The businessman-cum politician, who used the occasion to extol the virtues of the newly appointed Secretary to the Government of the Federation (SGF), Mr. Boss Mustapha, added that the President made the right choice at the right time.
He said, “the new SGF has verifiable track record in the private and public spheres of life. He is diligent, humble, hard working, bold and above all, he is a seasoned politician with a good understanding of the political dynamics of Nigeria”.
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