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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EBONYI GOVERNOR LAUDS GOVERNOR WIKE FOR PROJECTS' DELIVERY AT THE MATRICULATION CEREMONY OF PAMO UNIVERSITY YESTERDAY.{PHOTOS}.#PRESS RELEASE.

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   Ebonyi State Governor, Engr Dave Umahi has praised Rivers State Governor, Nyesom Ezenwo Wike for the monumental transformation taking place in the state.
Speaking during the Matriculation Ceremony of Pamo University of Medical Sciences in Port Harcourt on Saturday, Engr Umahi said that the numerous quality projects being churned out by the Rivers State Governor are outstanding.
He noted that as someone who lived in Rivers State for over two decades, he appreciates the infrastructural development in the state.
He said: "I am excited by the outstanding projects delivery taking place in Rivers State. I am happy with the quality of work done by the governor.
"As a professional civil engineer of over 30years, I can tell you authoritatively that quality work is taking place in Rivers State.
"It is very easy to forget where we are coming from. I have watched the daily commissioning of great projects across the state".
The Ebonyi State Governor lauded his Rivers State counterpart for the sacrifices he is making to move the state forward.
He noted that cost of projects in Rivers State is service oriented and not aimed at enriching anybody.
"I want to join voices with others to commend Governor Wike for living up to the expectations of Rivers people ", he said.
He noted that though the forces of darkness will rise up against Governor Wike, he will emerge victorious by the support of God and Rivers people.
He said that the State Government has kept her promise of sponsoring 500 students on scholarship in the next five years, saying that the first set of 100 students are already studying in the institution.
He advised Rivers students under the State Government scholarship at Pamo University of Medical Sciences to put in their best, so that they can contribute to the development of the state in future.
Former Head of State, General Abdulsalami Abubakar who is the chancellor of the institution, Former Rivers State Governor, Dr Peter Odili, Pro Chancellor and other leaders attended the Matriculation Ceremony.
Simeon Nwakaudu,
Special Assistant to the Rivers State Governor, Electronic Media.
2nd June, 2018.
More photos below.
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