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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DANGOTE CEMENT STOPS SUPPLIES TO SOUTH-EAST STATES AND SOME PART OF SOUTH-SOUTH OVER INSECURITY.(PHOTOS).#PRESS RELEASE.

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Dangote cement stops supplies to South-East states and some part of South-South over insecurity. 


The Association of Dangote Cement Transport Drivers in Obajana, Kogi State, has reportedly urged all of its members to boycott cement shipment to five states in the South-East and some part of south/ south. 

In a widely circulated memo, the association said it reached the decision due to the security situation in Anambra state and the South-east region.

The memo dated December 11, 2022, and sent by the drivers’ association to the company, said, “We kindly write this short notice to the company that we are returning some waybills of the southeast state Nigeria.

“We driver (sic) are not going to some part (sic) of southeast Nigeria due to ongoing situation of the site those part (sic) of southeast are as follows: 

1. Enugu, 

2. Anambra, 

3. Abia, 

4. Imo, 

5. Ebonyi, 

6. Akwa Ibom.”. 
 Read the memo below.

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