INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

Image
  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

OGONI-ANDONI-OPOBO-NKORO UNITY ROAD WILL BE DELIVERED BY MAY 2020 --GOVERNOR WIKE.{PHOTOS}.#PRESS RELEASE.

Image may contain: 5 people, people standing
      Rivers State Governor, Nyesom Ezenwo Wike has stated that the State Government will complete and deliver the Ogoni-Andoni-Opobo-Nkoro Unity Road as part of the first year anniversary of his second term.
He announced the immediate release of additional funds to the contractors for the completion of work on the all-important road.
He said: "I have directed the release of additional funds to the contractor for the completion of the road.
"We have directed the contractor to use the funds to complete the road. The road will be completed to Opobo and Andoni towns. The road will be commissioned as part of the first year of our second term."
Governor Wike announced that the Rivers State Government will intervene in the construction of the shoreline protection project for Queens town.
He regretted that the Queens Town project was initially awarded to Dickson Associates Limited, owned by an indigene of Opobo Kingdom. He said the Rivers State Government released N1.9billion to the contractor, who failed to execute the project.
He announced the extension of the Sakpenwa-Bori Road to Kono Town. He said that the contractor has been mobilised to construct the new section of the road and also install streetlights on the entire stretch of the road.
Governor Wike thanked the people of Opobo-Nkoro for their total support. He said that the peaceful nature of that community has made development easy.
He said the appointment of King Douglas Dandeson Jaja as the Chairman of the Rivers State Council of Traditional Rulers has been rewarding.
"I did not make a mistake appointing you Chairman of the Rivers State Council of Traditional Rulers. You have been very supportive. I urge you to continue to do the best for Rivers State ", he said.
In his remarks, Amanyanabo of Opobo Kingdom, King Douglas Dandeson Jaja said that the people of the area are confident that Governor Wike will complete the unity Road as pledged.
"It is on record that you are the first Governor to drive into Opobo Town. The journey afforded you the opportunity of knowing the extent of completion of the Road.
"We have no doubt that you will keep your promise of completing the road", he said.
The Chairman of Rivers State Council of Traditional Rulers commended the Rivers State Governor for his outstanding projects delivery, which has been intensified during his second term. He said the flag off of the construction of three flyover bridges is historic.
He said the re-election of Governor Wike is a reward for the outstanding performance during the governor's first term.
Simeon Nwakaudu,
Special Assistant to the Rivers State Governor, Electronic Media.
4th November, 2019.
More photos below.
Image may contain: 1 person, sitting and hatImage may contain: 1 person, standingImage may contain: 4 people, people smiling, people sitting and indoorImage may contain: one or more people, people standing and weddingImage may contain: 6 people, people standing and hat

Comments

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

SSANU, NASU THREATEN STRIKE OVER WITHHELD SALARIES. (PHOTO).