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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ANAMBRA STATE BANS MOVEMENT OF CATTLE WITHIN THE METROPOLIS.(PHOTO).

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Anambra State Bans Movement Of Cattle Within The Metropolis.

Anambra State Governor, Prof. Charles Chukwuma Soludo has banned movement of cattle on foot in every part of Anambra State.

Soludo, who met with members of Anambra State Cattle Menace Committee at the Government House, Awka, at the weekend, said the ban was in compliance with the 2021 anti-open grazing law of the State, adding that enforcement would begin from September.

“Now that we have a law banning open grazing, the law enforcement agents have been directed to implement it.

“Though the law has been in existence since almost one year ago, cattle rearers keep parading certain areas in the State in contravention to the law,” Soludo said.

Former Governor of the State, Willie Obiano had assented to the Cattle and Other Livestock Open Grazing Prohibition and Ranches Establishment Bill of Anambra State in 2021, but failed to enforce the ban.

Soludo, while speaking at the meeting, said that his administration would ensure the implementation of the law by September.

He applauded members of the Anambra State Cattle Menace Committee for their devotion to duty, saying that Anambra people have largely lived in harmony with herdsmen, but the herdsmen must conduct their businesses within the ambit of extant laws.




 

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