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

IT WILL BE DIFFICULT TO END KIDNAPPING BECAUSE OF ITS COMMERCIALISATION SAYS GOVERNOR WIKE.{PHOTOS}.#PRESS RELEASE.

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     Rivers State Governor, Nyesom Ezenwo Wike declared that the commercialisation of kidnapping has made it almost impossible to end the menace.
Speaking during a Courtesy Visit by Rotary District Governor 9141 Nigeria at the Government House Port Harcourt on Monday, Governor Wike said since kidnapping is now a business, it can only be reduced to the barest minimum.
He said: "It is now impossible to stop kidnapping in Nigeria. It is now a business. It has been commercialised.
"It is now a major business. Everyone must partner with the government to ensure that we reduce it to the barest minimum. But it cannot be totally eradicated."
He said that those involved in kidnapping from security reports range from 16 to 22 years.
"Look at what is happening across the country. Kidnapping has taken over all states. When it started here, it was politicized."But today, it is negatively affecting all states of the Federation. Few days ago, a Court of Appeal judge was kidnapped in Benin. Before that, a Federal High Court judge was kidnapped. All of us must work together to stop this scourge ", he said.
Governor Wike called on Rotary Nigeria to embark on enlightenment programme to ensure that the youths are educated on the dangers of cultism and kidnapping.
The Governor urged everyone to be conscious of their environment and take measures to secure themselves, since kidnappers use close workers, family members and associates as informants.
He commended Rotary Nigeria for their contributions to the development of Rivers State. He assured that the Rivers State Government will continue to partner with them to achieve development goals.
He noted that the Rivers State Government will continue to invest in the security of lives and property, health, education and vital social services.
Earlier, District Governor of Rotary International District 9141, Rotarian Nze Anizor described Governor Wike as a rare leader who contributes to the development of the State.He congratulated the Rivers State Governor on his re-election, saying that it is an opportunity for the Governor to do more for Rivers people.
He informed that the Rotary International District 9141 invests about N300million into several humanitarian projects in Rivers State every year.
"Rotary is more inclined to service , rather than complaints. Rotary International is a great partner of Government towards development ", he said.
He noted that Rotary International District 9141 has imported a blood equipment worth N30million for the safe transfusion of blood .
The District Governor of Rotary International District 9141 lauded the Rivers State Governor for his investment in the construction of Mother and Child Hospital in Port Harcourt.
Simeon Nwakaudu,
Special Assistant to the Rivers State Governor, Electronic Media.
4th November, 2019.
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