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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PASTOR KUMUYI CANCELS ABA CRUSADE AFTER IPOB’S WARNING.(PHOTO).

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Kumuyi Cancels Aba Crusade After IPOB’s Warning

The General Superintendent of the Deeper Life Bible Church, Pastor William Kumuyi, has cancelled his planned crusade in Aba, Abia State, The PUNCH has learnt.

It was gathered that Kumuyi cancelled the crusade due to security concerns in the South-East geopolitical zone.

The crusade was scheduled to hold in Aba from May 24 to May 29, 2022 but the proscribed Indigenous People of Biafra told the 80-year-old cleric not to go ahead with the crusade.

An official of the Global Crusade With Kumuyi confirmed the cancellation of the Aba crusade in a telephone chat with The PUNCH on Saturday, and noted that a new venue would be announced for the crusade.

Also, the Chairman of the crusade’s organising team, Pastor James Akpofure, corroborated the development in a statement on Saturday,

“As there are currently some security challenges at the intended alpha location (Aba, Abia State, Nigeria), the Global Crusade Convener, Pastor (Dr) W.F. Kumuyi commiserates with our people in Abia State and will be praying along for God’s Divine Intervention,” Akpofure said.

 

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