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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TASKFORCE IN ANAMBRA DEMOLISHES ILLEGAL STRUCTURES IN ONITSHA, ENVIRONS, READS RIOT ACT TO RECALCITRANT DEVELOPERS. (PHOTOS).

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 Anambra State Government Taskforce Demolishes Illegal Structures In Onitsha, Environs, Reads Riot Act To Recalcitrant Developers



Anambra State government has pulled down illegal attachment structures and shops in Marine Modern Market, Onitsha.


The joint taskforce removed the structures located on number 11 Gohehol Avenue, Marine Modern Market Onitsha in Onitsha South Council Area.


The action was to stop the activities of an unidentified developer who go about indiscriminately erecting structures and shops in the market.


Recall that the Taskforce had served stop work notice on the developer who remained adamant.


In an interview with ABS the leader of the Taskforce, Barr. Chike Mmaduekwe said that the developer who has been warned severally instead went about attaching structures to old ones in such a way that is contrary to the law of the state.


Barrister Maduekwe further appealled to wealthy developers in the state to support the government in developing the state using the building codes.


He warned that, henceforth, any developer who is caught carrying out unapproved structures such as blocking of waterways and erecting of unapproved structures in the state will be made to face the full wrath of the law.


Speaking with ABS earlier, Chief Raymond Edozie who is a landlord at the Onitsha Marine Market, expressed sadness over the action of the unidentified builder who have been erecting unapproved structures around the area.


He alleged that he also goes about intimidating and threatening anyone who dares speak up and commended the government of Governor Chukwuma Soludo for restoring normalcy to the area.


The taskforce also demolished an illegal structure built by youths of Ogbunike in Oyi Local Government Area which blocked a waterway, thereby causing erosion and destruction of properties in the area.


They carried also carried out a partial demolition at airport road where another developer was erecting perimeter fencing and structures without mapping out the required distance from the road.


They also visited Azu Ogbunike in Oyi Council Area where a contracting firm converted a road project that is supposedly dual carriage road into a narrow one.

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