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

BENUE AG. GOVERNOR DIRECTS REPAIRS OF OLD OTOBI WATER WORKS.{PHOTOS}.#PRESS RELEASE.

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 Benue State acting governor, Engr Benson Abounu has directed the State Water Board to carry out immediate repairs of all faulty parts of the old Otobi Water Works to enable the station resume treatment of water and pumping of same to residents of Otukpo and its environs.
Engr Abounu, who gave the order today at Otobi while on an assessment visit to the Water Works expressed unhappiness that little problems that could have easily been handled by those in charge were left to fester, leading to the breakdown of vital equipment and the disruption of service delivery to the people.He explained that since the Chinese contractors that built the digitalised new Otobi Water Works have locked up the place and refused to operate it on very tenuous reasons, it behooves on the government to resuscitate the old water works, which had faithfully served the people over the years, so that the problem of acute water shortage can be addressed.
The acting governor, who was accompanied by the Commissioner of Water Resources and Environment, Hon. Aarga Shiaondo, and members of the State Executive Council frowned at the attention given to selling of water in tankers to water merchants while ignoring the water needs of the ordinary people on the streets.
The General Manager, Benue State Water Board, Michael Dzungu, and top officials of the Board conducted the acting governor round the facilities, during which they identified the faulty facilities and the steps to take to restore water supply to Otukpo.
Engr Abounu enthused that the resuscitation of the old waterworks and the resolution of the issues behind the non-operation of the new waterworks would usher in a new era of water availability in Otukpo and its environs.More photos below.
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