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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I NEVER PROMISED TO RETURN ABANDONED PROPERTY TO IGBOS IN RIVERS- ROTIMI AMAECHI. (PHOTO).

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 I Never Promised To Return Abandoned Property To Igbos In Rivers – Rotimi Amaechi


The immediate-past Minister of Transportation, Rt. Hon. Chibuike Rotimi Amaechi, has declared that he never promised to return abandoned property to Igbos residing in Rivers State.


Amaechi, who is also former Rivers State Governor, made the declaration in a statement issued by his media office, which was made available to LEADERSHIP in Port Harcourt.


Amaechi did not and have never said anything about compensation on abandoned properties to the Igbos in Rivers State.


He only rehashed his apology to the Igbos when he became governor of Rivers State, that he was sorry on behalf of the State on abandoned properties from the Nigerian civil war. That if he had been in power at that time, he would never have let that happen.


Amaechi only mentioned compensation when he spoke about people who are being intimidated, harassed and threatened with violence due to their choice of voting and support for the APC in the upcoming Governorship and State Assembly election, the statement added.

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