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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AWKA MONARCH APPLAUDS SOLUDO'S DEVELOPMENT STRIDES.(PHOTO).

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Awka Monarch applauds Soludo's development strides

 
By Nneka Anoliefo

The traditinal ruler of Awka Obi Gibson Nwosu has expressed satisfaction with the pace of work in Awka and other communities in the state. In a press statement in Awka,the royal father used the opportunity to solicit for the tarring of roads conmecting his palace in Awka.

The royal father stated that he will continue with his subjects to support the present Administration as it means well for the people. 

In their separate remarks, an APGA stalwart and indigene of Awka, Chief Arthur Nwachukwu and Mrs Grace Agumadu recounted the ordeal residents of the area go through during the rainy season,and explained that the video showing the flooding in the social media attracted the compassionate attention of the Governor who swung into action immediately and Mobilised MP infrastructural Engineers to the site.

The two residents made it known that the flood almost drowned the oldest man and have killed some people in the recent past.

They expressed joy with the Governor's quick intervention and assured Governor Chukwuma Soludo that APGA faithful in Ward Five will continue to cast their votes for APGA. 

Responding the oldest man in Awka,Otochalu Ikwunne Ijeoma,Ozo Emma Ugochukwu and Ozo Mike Onwuasor thanked Governor Chukwuma Soludo for remembering the Awka people in his Road construction plans. 
(Moi).

 

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