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

GOV. UZODIMMA DISSOLVES CABINET, RETAINS 8 COMMISSIONERS.{PHOTOS}.#PRESS RELEASE.



Gov. Hope Uzodimma today dissolve Imo State Executive Council.
Those retained include are:
Commissioner for Information
Commissioner for works
Commissioner for women Affairs
Commissioner for technology
Commissioner for finance
Commissioner for health
Commissioner for Sports and commissioner for tourism.

To rejig and reenergize the system for maximum productivity, Governor Hope Uzodimma at his discretion dissolved his 28- member cabinet, retaining eight commissioners in the first major cabinet reshufflement since assuming office on January 15, 2020. The ministries whose Commissioners were retained in the dissolution include Finance, Science and Technology, Health, Works, Information, Youths and Sports, Women Affairs and Tourism. Governor Uzodimma thanked the affected former Commissioners and assured them that they will still be found relevant in other areas if eventually they did not make the new cabinet he said will be reconstituted soon.

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