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. SOLUDO VOWS TO FIGHT CRIME IN ONITSHA. (PHOTOS).#PRESS RELEASE



Governor Soludo Vows To Fight Crime In Onitsha


By Juliana Nwachukwu


Governor Charles Soludo has reassured his commitment in fighting crime and criminality in the commercial city saying, "if Greater Onitsha doesn't move forward, Alaigbo won't move forward. 


The Governor who made the vow in Imeobi during the 2023 ofala festival of Obi of Onitsha, Igwe Alfred Achebe which was tagged Better, Stronger, Together" said that something outstanding will happen in the state in terms of security so our people should be expectant.


”That's why we're embarking on massive road construction in Onitsha and sacking of agberos, even though they keep resurfacing. But we won't relent until all of them are flushed out.


He congratulated Igwe Achebe on the celebration, describing his numerous achievements in past 21years as unprecedented, especially in the area of youth empowerment.


Igwe Alfred Nnaemeka Achebe, the Obi of Onitsha, in his words disclosed that unemployment, robbery, rape, among others still threatened the community.


According to him, youth unemployment, gangsterism, touting, homelessness, petty armed robbery, cultism, drug addiction, child prostitution, rape, among others still posed problem to the community.


The monarch also regretted what he described as reactive approach of security agencies towards crime in the area, saying the community had continued to rely on vigilante services for prevention. 


"Our biggest challenge is inadequacy of funding for salaries, equipment, and consumables which is literally borne by the community, except for the paltry state government contribution of N10,000 each for 10 persons per month," he added.


Achebe who doubles as Chairman, Anambra State Traditional Rulers Council, however expressed satisfaction over steady growth of the Ofala festival over the years in terms of scope, social glamour and intrinsic meaning for the people of the city.


"With the strides that it has made, the Ofala continues to receive both national and international recognition. 


"In addition to previous endorsement by Nigerian Tourism Development Corporation (NTDC) as major Nigerian festival, we also received a certificate of recognition for Excellence and Corporate Contributions to the development of culture from federal government.


"Under community development, we've articulated a vision for communal transformation hinged on restoring our value system for lifting the poor and most vulnerable from mere consumption and dependency to production and self reliance," he further explained.


Ministry Of Information.

More photos below. 


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