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

IMPEACHMENT: NEW SPEAKER IMO STATE HOUSE OF ASSEMBLY VISIT'S GOVERNOR HOPE UZODIMMA.{PHOTOS}.#PRESS RELEASE.

 

Governor Hope Uzodimma has said that he will continue to respect the separation of powers.
The Governor said this when he received the new speaker of the Imo state house of assembly, Rt Honourable Paul Emezie added that the doctrine of separation of powers allows all arms of government to operate individually while working hand in hand for the good of the people.
To this end the visit by the house members is not out of order.
While on a courtesy call to governor, Hope Uzodimma after the impeachment, deputy Speaker of the house, Chyna Iwuanyanwu who led his colleagues informed the governor that the former Speaker was impeached to save their party, the All Progressive Congress (APC) with a more competent member to save the party from impending crisis in the State.
According to him, the impeachment of our former Speaker was born out of necessity to protect APC being the majority party in the house but also government policies for the benefit of the people.
"We decided to replace him with somebody who has the interest of the party at heart." the deputy speaker added.
Governor Uzodimma while responding , advised the lawmakers to coexist as one and as well have the fear of God to move the State in a positive direction.
He said "You are all elected equally, but one person must preside , you all should have confidence in the new Speaker, from my heart I receive the new Speaker , I urge you all to remain as brothers and sisters, government is a continuum. ".
The former Speaker who accompanied his colleagues on the courtesy call to the governor congratulated the new Speaker and as well took pictures with him, the governor and other members of the house.
The New speaker who was almost speechless managed to thank God for his elevation.

On his part, the mover of the motion Honourable Ekele Nnodumele
Explained that the former Speaker was sacked from his position following numerous petitions ranging from gross misconduct, incompetence, financially rascality and sabotage.
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