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

GOVERNOR OBIANO RESHUFFLES CABINET.{PHOTO}.#PRESS RELEASE.

Anambra governor, Obiano, directs officials to get back to work as ...
     By Uche Nworah (ABS News)
Governor Willie Obiano of Anambra state has today, Thursday, 4th June 2020 announced some changes to the state executive council.
Mrs Sally Mbanefo, formerly the Commissioner for Culture , Diaspora and indigenous Artwork is now the Commissioner for Solid Minerals and Tertiary Education.
Professor Theresa Obiekezie, formerly the Commissioner for Tertiary Education is now the Commissioner for Youth Entrepreneurship and Creative Economy, while Hon. Afam Mbanefo moves to the Transport Ministry from the Ministry of Youth Entrepreneurship and Creative Economy.
Dr. Christian Madubuko, formerly the Commissioner for Transport is now the Commissioner for Culture , Diaspora and indigenous Artwork.
Anambra governor, Obiano, directs officials to get back to work as ...

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