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. SOLUDO SUSPENDS TEACHER'S RECRUITMENT OVER IRREGULARITIES. (PHOTO).

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Soludo Suspends Teachers’ Recruitment over Irregularities

Irked by the irregularities that has characterized the recruitment of teachers in the state, Anambra State Governor Chukwuma Soludo has suspended the exercise for the second time running, ANAMBRA PEOPLE reports.

It was gathered on Monday that the directive for the cancellation was with immediate effect. The development has made applicants to panic, as they do not know their fate.

About 40,000 applicants applied for the online job the first time, while 31,800 were shortlisted for interview.

But following what played out during the first exercise, the governor angrily suspended the exercise, as he wanted to get it right for the state.

The Governor wants a transparent exercise about the recruitment.

On Sunday, the Ministry of Education released a list of about 5,000 recruited teachers, which sparked condemnation across the state.

Contacted, Information Commissioner Sir Paul Nwosu did not pick his calls.

But a senior officer in the Ministry of Education, who did not want to be quoted, confirmed the directive to the media.

The source said some people had made it a point of duty to frustrate Soludo, adding that it would not work because the governor was serious in getting the best for Ndi Anambra.

 

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