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

LOCKDOWN : GOVERNOR WIKE ARRESTS 14 PERSONS HIDDEN INSIDE TWO TRAILERS CONVEYING CATTLES INTO PORT HARCOURT.{PHOTOS}.#PRESS RELEASE.


    •orders their prosecution and testing for coronavirus
.• declares that the trailers and cattle will be auctioned
Rivers State Governor, Nyesom Ezenwo Wike on Thursday effected the arrests of 14 Persons hidden in two trailers conveying cattle from Adamawa State to Port Harcourt.
Governor Wike said that the trailers were intercepted following intelligence from well meaning Nigerians who some them making their way into Port Harcourt.
They were arrested at Rumuigbo in Obio/Akpor Local Government Area.
Governor Wike ordered the prosecution of the 14 persons by the Mobile Court constituted by the administration under the Executive Order 6 signed for the declaration of the lockdown.
He also directed the State Ministry of Health to conduct tests on the 14 persons to ascertain their coronavirus status.
He said: "This fight has nothing to do with individuals. The law must take its course. You are aware of what is happening and then some people want to illegally smuggle persons into the state.
"The Port Harcourt and Obio/Akpor are under lockdown and the law must be obeyed. The trailers and the cows will be auctioned tomorrow. "
Governor Wike said that the arrest of the trailers has vindicated him.
He said that the security agencies have failed the people of Rivers State as they collect money and allow defaulters to slip through the border.
"You heard them saying that they gave money to the security agencies before they were allowed to cross the border.
"The owner of the cattle in the phone interview said they have fallen short of the law," he said.
Governor Wike said that people must be alive to eat cow, hence the lockdown to protect the lives of Rivers people.
He decried the level of desperation to smuggle people into Rivers State. He said that the State Government will remain vigilant, despite the challenges it is facing.
One of the defaulters, Ahmed Aliyu said that they were contracted from Adamawa State to bring cattle to one Alhaji at the new slaughter in Oyigbo. He said that he thought that the lockdown will start by 10pm.
He informed that the moved into the state after they bribed security personnel with N1500.
Simeon Nwakaudu,
Special Assistant to the Rivers State Governor, Electronic Media.
7th May, 2020.
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