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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EZE ENUGWU-UKWU,EKPEH PRONOUNCES ONE MONTH BAN FOR 9 NKWO MARKET TRADERS. (PHOTO).

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Disturbances: Eze Enugwu-Ukwu, Ekpeh Pronounces One Month Ban For 9 Nkwo Market Traders



Following the disruption of market activities by some traders at Nkwo market, Enugwu-Ukwu, Njikoka local government area of Anambra state on Thursday, 3rd February, 2022, the traditional ruler of Enugwu-Ukwu, Igwe Sir Ralph Obumnaeme Ekpeh has made a royal pronouncement banning 9 traders from operating in the market for a month. The ban will take place from Monday, 7th February, 2022. 

This followed an unauthorised protest in the community by the traders and other paid hirelings who had threatened to burn down Umunri palace and other infrastructure in the community over demands by Nkwo Enugwu- Ukwu Market Management Commission to enforce sanitation, security, and other levies in the market.

Speaking, Igwe Ekpeh said; “As the Chief Security Officer of Enugwu-Ukwu, a mandate given to traditional rulers by Anambra state government, we can no longer tolerate lawlessness at Nkwo market. There are all kinds of impunity going on at the market and as a people, we can no longer standby and watch. We must restore sanity, and enforce extant traditional and Anambra state government laws at Nkwo market”. 

The following are the traders banned for a month at Nkwo market: 

(1) Ifeanyi Uduagu
(2) Justina Ibekwe 
(3) Ngozi Anaekwe 
(4) Mrs Agatha Okonkwo
(5) Mrs Edith Ezeanya 
(6) Mrs Mbala Ugulu
(7) Mrs Isintume 
(8) Mrs Ndibe 
(9) Mrs Gladys Nwana

The traditional ruler also directed Enugwu-Ukwu Vigilante service to enforce the ban. 
 

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