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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DELTA STATE GOVERNOR, SHERIFF OBOREVWORI, ANNOUNCING THE APPROVAL OF PAYMENT OF N5 BILLION IN PROMOTION ARREARS. (PHOTO).

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Delta State Governor, Sheriff Oborevwori, announcing the approval of payment of N5 billion in promotion arrears

Delta State Governor, Sheriff Oborevwori, made an unscheduled visit to the Professor Chike Edozien Secretariat in Asaba, announcing the approval of payment of about N5 billion in promotion arrears to Delta State workers. 

The payment will be made in three installments from August to October 2023. The Governor fulfilled his promise to the workers, which was made prior to the Governorship election. He urged the workers to remain dedicated to their duties and emphasized his commitment to the welfare of all Deltans. 

The State Head of Service expressed gratitude for the Governor's approval and visit.


 

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