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

WHY WE DIDN'T BUY ARMY TRUCKS FROM INNOSON- ALEX OTTI.(PHOTO).


𝗪𝗵𝘆 𝗪𝗲 𝗗𝗶𝗱𝗻’𝘁 𝗕𝘂𝘆 𝗔𝗿𝗺𝘆 𝗧𝗿𝘂𝗰𝗸𝘀 𝗙𝗿𝗼𝗺 𝗜𝗻𝗻𝗼𝘀𝗼𝗻 ~ 𝗔𝗹𝗲𝘅 𝗢𝘁𝘁𝗶

Nedu Ekeke, the Deputy Chief of Staff to Abia Governor Alex Otti has explained why the state purchased military vehicles from outside the country and not from Innoson vehicle.

Otti came under attack on social media after he launched Operation Crush security outfit in Abia as part of the state government’s efforts to tackle insecurity.

Social media critics especially ‘Obidients’ didn’t take it in good faith as they accused Otti of not patronizing Innoson vehicles which are homemade vehicles.

One of the critics tweeted: “Dear Governor @alexottiofr, Nigerians demand an explanation for why we jettisoned Innoson & other Nigerian car manufacturers to procure Toyota Hilux for the Police.

“We celebrated you for using this premium parade-grade Innoson vehicle as your inaugural vehicle, what changed?”

But reacting, Ekeke through a series of tweets on Thursday said as at the time the trucks were needed in the state for swift military operations, Innoson had no such vehicles in stock.

He wrote: “We have read the comments on Social Media about the Toyota Hilux vans the Abia State govt bought for a special security operation named: Operation Crush.

“We appreciate the feedback; especially as most commenters are coming from a place of love for country and support for the Alex Otti administration.

“The administration appreciates, more than anyone else, the need to patronize locally made goods. And this was why we had, upon assuming office, ordered more than 50 units of cars from the Innoson Vehicle Manufacturing company. We currently have 20 unmet orders.”

He noted that some commissioners do not even have official vehicles, and the Governor’s official car is yet to be delivered as he still uses his private cars as a sitting governor.

He continued that “The military service commanders in Abia needed trucks for immediate take-off of the special operation and, unfortunately, Innoson had no such vehicles in stock.

“The government could not delay the operation as it places premium on the lives and property of all Abians.

“We are, first and foremost, interested in stemming insecurity in the state, and we want to do it quickly. We were constrained by time and had to go for what was readily available.

“This does not foreclose any prospect of future transactions with Innoson or any other local brand.

“We are open to honest feedback such as the one we have had in the last two days. We will always listen and respond. And even if we disagree with your perspective, we will still respond.”

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