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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GOV. UZODIMMA REASSURES ORLU ZONE OF SAFETY AND DEVELOPMENT.(PHOTO).#PRESS RELEASE.

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GOV. UZODIMMA REASSURES ORLU ZONE OF SAFETY AND DEVELOPMENT


His Excellency, Distinguished Senator Hope Uzodimma has reassured the safety of lives and properties of Orlu zone and the State at large.

Governor Hope Uzodimma in his expression of concern on the happenings in the region, made the affirmation at the Orlu Zone Development Forum Summit on Peace and Development held at Nkwerre Country Club.  

At the peace and development summit, the Governor had warned aggrieved Politicians to embrace peace and shun sponsorship of violence.

To such politicians he said, ‘’I cannot be intimidated because I have come to serve and would like to be remembered for good governance and lasting legacies that will mark me out from other politicians who are self-centered and self-seeking."

The Governor advised the Forum on the need to set-up a think-tank that would develop a blue-print on the needed sustained peace and development in Orlu.

The Governor further reiterated his divine mandate and leadership from God on Ndi Imo as he will not fail God or the people of Imo State to ensure peace and development not only to the Orlu region but the entire State.

Present at the summit were The Deputy Governor, Professor Placid Njoku, and Government Officials, Chief Ralph Obioha, Prof. M O Iwuala, Prof. Francis Eze, the Chairman of Imo State Council of Elders, Eze Cletus Ilomuanya, the former Chairman, National Population Commission, Barr. Eze Duruiheoma (SAN), former Governor Ikedi Ohakim, RT. Hon. Amara Iwuanyanwu (Deputy Speaker IMHA) and a host of illustrious sons and daughters from Orlu Region.


 

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