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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FATHER'S DAY: GOV. UZODIMMA FELICITATE WITH OWERRI CATHOLIC ARCHDIOCESE AND FATHERS. (PHOTO).#PRESS RELEASE.

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I felicitate with the Owerri Catholic Archdiocese and others as they celebrate Father's Day today across all the parishes and stations.

Our fathers have been effective and dedicated in the course of discharging their duties as pillars of the family and builders of the society.

Celebrating their sacrifices and commitment is an encouragement to do more especially at this period we are repositioning our dear State and restoring normalcy.

Happy Father's Day to you all.

- Hope Uzodimma

 

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