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

GOV. OTTI ORDERS PAYMENT OF JUNE SALARIES IN ABIA.(PHOTO).


Governor Otti Orders Payment Of June Salaries In Abia

Abia State Governor Alex Otti has directed the Accountant General of the state, Mrs Njum Onyemenam, to ensure that all verified workers in the state civil service receive their salary for June before Wednesday, June 28, 2023.

The Chief Press Secretary to the Governor, Kazie Uko, in a statement on Tuesday, cited the governor’s promise to pay the monthly salaries of civil servants in the state on or before the 28th of every month.

The governor gave the directive on Monday after a meeting with the Accountant General and some other senior members of his government.

Governor Otti, in his inaugural speech to the people of Abia on May 29, promised that under his watch salaries of civil servants will be paid latest on the 28th of every month.

The governor expressed dissatisfaction with the distinction between the so-called “core” and “non-core” civil servants, adding that from June 2023, the state would settle all salary and pension obligations by the 28th of every month.

He noted that the Abia State Civil Service would run differently under his administration.

Otti further explained that as part of measures to unmask “ghost workers” in the civil service, the state government would embrace technology.

The move, he stated, is to “determine those who had been genuinely employed and those who are actively stealing from the public treasury.”

He added, “Merit shall take prominence and only those who demonstrate requisite diligence in the discharge of their duties shall remain in the service. Technology will be used to support the Civil Service in the State.”

 

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