INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

-
Image
  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
Post a Comment

WHY I EMPOWERED 21 NNEWI YOUTHS WITH 1 MILLION NAIRA EACH- LOUIS CARTER ONWUGBENU.{PHOTO}.

-

The Chairman and Chief Executive Officer of Louis Carter Group of Companies, Chief Sir Louis Izuchukwu Onwugbenu has given reasons why he doled out 21 Million Naira to the youths in his community. 


The Nnewi-born industrialist, Chief Sir Louis Izuchukwu Onwugbenu (Okpata Ozuo Ora Nnewi) earlier in the week gave out 1 Million Naira each to 21 youths in his community, Uruagu Nnewi. 


Speaking to Anaedoonline.ng, the billionaire businessman said that he was moved to empower the youths after he found out that some of the youths in his community were virtually doing nothing while others were still struggling to make ends meet. 


He said that the idea of the financial grant was to raise new millionaires in his community who will in return lift others from poverty. He noted that If many people are rich, the burden would not be heavy on one man, or a handful of people.


According to him, he learnt and started to imbibe the spirit of helping the poor in the early stages of his life. He revealed that under the age of thirty years, he started contributing to the development of Nnewi by building a multi-million Naira theatre for the students' nurses at Nnamdi Azikiwe University Teaching Hospital, which orchestrated the accreditation of the teaching hospital. 


Speaking further, he urged the government at all levels to invest in human capital development, bemoaning on the situation where graduates spend years without employment. He said that the rate of unemployment in Nigeria is what is causing criminality and other anti-social behaviors of the youths of today, noting that he will continue to give out scholarships and open more industries to curtail the rate of unemployment. 


While revealing that by the end of 2022 he plans to access the progress of the beneficiaries of the financial grant, he said that Chief Cletus Ibeto who he considers as his mentor in business has also promised to empower more than 50 persons in December, 2022. He however urged other billionaires in the town to join the drive in other to empower youths in Nnewi.


Credit: Cornel Osigwe

Comments

Post a Comment

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

-
Image
Innoson Gives Out Brand New IVM G5 and Salary For Life To The Man Who Prophesied About His Vehicle Manufacturing In 1979.  Last Saturday, July 22nd the Chairman of Innoson Vehicle Manufacturing Company Ltd, Chief Dr Innocent Ifediaso Chukwuma OFR gave out a brand new Innoson IVM G5 to Mr Ikechukwu Osakwe popularly known as Osabros who prophesied to him in 1979 that he would be the first man in Africa to manufacture vehicles and sell to different African countries.  The prophecy was given at the period the then Innocent Chukwuma could not boast of a car, talk less of manufacturing one. According to Dr Chukwuma during the presentation of the car, he recalled on how Mr Ikechukwu Osakwe all the way from Kano blocked him at the front of his house early in the morning and told him he has a message for him.  Mr Osakwe went on to narrate a dream he had about him, how he saw in the said dream his vehicle manufacturing company known as CAP PLC. "He told me that CAP means Chukwuma Automobil
Read more

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

-
Image
             Gerard Pique,welcomed their first child into the world last year January.Shakira told the magazine that ''I think it takes two to keep it passionate in relationships,a lot of laughter and a lot of fun moments together,that's essential but also affinity,you know.You have to be compatible.I'm really happy where i am right now,with the person that i'm with right now.He seems to want the same things i want,and that's very important''.More pictures below.                                                                                                                    
Read more

SSANU, NASU THREATEN STRIKE OVER WITHHELD SALARIES. (PHOTO).

-
Image
  SSANU, NASU threaten strike over withheld salaries The Joint Action Committee of the Senior Staff Association of Nigerian Universities and the Non-Academic Staff Union of Educational and Associated Institutions have threatened to disrupt industrial peace in universities should the government fail to release the withheld salaries of members. The salaries were seized by the administration of former President Muhammadu Buhari during their strike in 2022. The unions, in a joint letter signed on Friday by the President of SSANU, Muhammed Ibrahim and General Secretary of NASU, Peters Adeyemi, questioned the rationale with which the government released four months withheld salaries to members of the Academic Staff Union of Universities but failed to release the withheld salaries of non-academic staff. The unions noted that they would no longer be able to assure the government of industrial peace in universities should the amounts owed by the government are not released. Earlier, the unions
Read more