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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EBONYI GOVT THREATENS TO PUNISH RESIDENTS WHO OBEY SIT-AT-HOME ORDER.{PHOTO}.

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Ebonyi State government has warned residents of the state against obeying the sit-at-home order issued by the Indigenous People of Biafra (IPOB), ahead of its leader, Nnamdi Kanu's court outing.


IPOB’s spokesperson, Emma Powerful had announced that a sit-at-home protest will be observed in all states in the South-East region on Tuesday January 18, the scheduled date for continuation of trial of the proscribed group's leader.


However reacting to the order, Ebonyi government directed that all markets and parks in the state should open for business as failure to do so will attract “severe punishment”.


Nwachukwu Eze, Ebonyi commissioner for markets and parks said in a statement;


“All markets and parks leaderships in Ebonyi are by this announcement directed to ensure that markets are open for businesses on Monday, Tuesday and Wednesday.


“The state is not in any way part of the sit-at-home order by IPOB. Please note that strict compliance to this directive is very important as failure to do so will attract severe punishment.”

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