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

OBASEKI/SHAIBU RIFT: DEPUTY GOV'S OFFICE MOVED OUT OF GOVT HOUSE.(PHOTO).


Obaseki/Shaibu rift: Deputy Gov’s Office moved out of Govt House

The saga between the Edo Governor Godwin Obaseki and his Deputy, Philip Shaibu has deepened with the office of the Deputy Governor moved to a facility outside the Government House.

It was gathered that the new office is located at no 7, Dennis Osadebey Avenue, close to the Government House.

The new office used to be the State Public Procurement Office commissioned by former Governor, Sen. Adams Oshiomhole, on December 16, 2014.

It is observed that there’s sign board at the entrance of the building with the inscription, “Office of The Deputy Governor”.

When contacted, Commissioner for Communication and Orientation, Chris Nehikhare, said:“If there is a government sign board saying so, then it must be so.

The battle for succession has pitched the Deputy Governor against Obaseki.

Shaibu, who hails from Edo North, intends to succeed Obaseki, an indigene of Benin in Edo South senatorial district but the Governor is pushing for a successor from Esanland in Edo Central senatorial district.

It was reported that Shaibu staged a walkout after his assistants were ejected from a government event last week. 

The incident happened barely 24 hours after a Department of State Services (DSS) operative denied Shaibu access to Governor Godwin Obaseki on Sunday during a church service.

 

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