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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ANAMBRA STATE STUDENTS EMERGE RUNNER-UP IN GLOBAL SDGs COMPETITION IN THE US.(PHOTO).

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Anambra State Students Emerge Runner-up In Global SDGs Competition In US 

Some students from Queen of the Rosary College, Onitsha, Anambra State, have clinched second place in the just-concluded World Affairs Challenge.

The challenge is an international programme and competition designed for middle and high school students to develop and implement their own S.M.A.R.T. solutions for the United Nations Sustainable Development Goals.

The team carried out innovation in Queens’ Lyfe bags – a 100 per cent plantable biodegradable bag made from rice straws, banana fibres, and corn husks and infused with tomato, pepper and watermelon seeds so that the bags can grow into plants when disposed of.

With this innovation, the team came second in the challenge. A team from the USA won first place and a bilateral team of students from the USA and Iraq won third place.

The students led by their teacher and mentor, Mr John Onuigbo, competed against over 760 participants during the various preliminary rounds, which narrowed down to 28 teams in the Global Championship, where the girls were named the Global second-place winning team in the high school division.

About nine countries were represented in WAC global finals this year: Nigeria, Ghana, USA, France, Iraq, Turkey, Uganda, Zimbabwe, and Morocco.

Reacting to the development, the school principal, Rev. Sister Maria Nwankwo, expressed joy and gratitude to God for the win.

“We have been putting in the work to provide our students with world-class tech education. This has been evident in the win of our students in global innovation competitions like this and we thank God. We are building students who would make Onitsha their Silicon Valley,” she added.


 

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