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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ALEX OTTI BOWS TO PRESSURE, POSTPONE PRAYER RALLY WHERE GOWON WAS BILLED TO ATTEND. (PHOTO).

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Alex Otti bows to pressure, postpone prayer rally where Gowon was billed to attend.

April 22, 2023

The Governor elect of Abia State Dr Alex Otti and his team has bowed to pressure and postponeded the prayer rally where a former Head of State General Yakubu Gowon was billed to attend.

A Statement endorsed by a member of the Otti’s team and coordinator of the Abia State chapter of the Nigeria prays Apostle Chuks Alozie, the team said it was due to the unforseen circumstances and challenges.

It will be recalled that the prayer event had come under severe opposition by majority of Abians and Southern easterners over the choice of General Yakubu Gowon as the leader of the prayer rally to herald Alex Otti’s Inauguration as the Governor of Abia State come May 29th 2023.

Below is the Statement.

Following unforseen circumstances and challenges the Nigeria Prays South East Zone National Prayer Rally have been postponed till further notice.

We regret the inconveniences this might have caused to those who have prepared to come out to join in the prayers and guests invited.

The Leadership of Nigeria Prays wish to assure Nigerians that we would continue to pray and strive for the peace and unity of Nigeria, especially Abia State.

Signed
Apostle Chuks Alozie
Abia State Coordinator Nigeria Prays


 

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