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
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IMO STATE GOVERNMENT PARTNERS WITH THE NIGERIAN NAVY TO ESTABLISH A NAVAL BASE IN OGUTA, IMO STATE.{PHOTOS}.#PRESS RELEASE.

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His Excellency, Distinguished Senator Hope Uzodimma today received a high powered 6-man delegation from the Nigerian Navy led by Rear Admiral Odogwu Ezekobe, the Chief of Policy and Plans, on a familiarization visit to the Governor on the proposed Naval Base to be situated at Osse Moto, Oguta LGA.


According to Governor Uzodimma “the recent events in the State have proven the need to strengthen security in the state to protect our lands and maritime boundaries and curb the criminal activities of oil bunkers and unknown gunmen at the Imo State waterways which is not just a State issue but a National sabotage, hence the need for the partnership”.


The Governor in his statement assured them of every necessary co-operation from the Government of Imo State.


Speaking earlier, Rear Admiral Odogwu Ezekobe, disclosed that the partnership can be traced to the good relationship of Governor Hope Uzodimma and the Chief of Naval Staff, Rear Admiral Zubairu. Rear Admiral Ezekobe stated that protection of lives and properties of Ndi Imo which is paramount to the Administration of Senator Hope Uzodimma, will be a good way to seal the friendship.


The Governor and his August visitors from the Nigerian Navy inspected the facilities and the waterways at Oguta. The Governor also visited the moribund Oguta Motel and the Oguta Lake and paid homage to the traditional rulers of Osse Moto, Oguta LGA.

More photos below.

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