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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ASSAULT ON AJAERO REGRETTABLE- UZODIMMA. (PHOTO).

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Assault On Ajaero Regrettable – Uzodimma

Governor Hope Uzodinma of Imo State has said the assault on the President of the Nigeria Labour Congress (NLC), Comrade Joe Ajaero, is regrettable.

Uzodimma stated this during an interview on Channels TV’s Politics Today, on Thursday.

Ajaero was beaten after he was arrested in Imo while leading a protest for better salaries in the state.

“I was not aware that the president of the Nigeria Labour Congress (NLC) was in my state. What I did was that to condemn the action. I have never had disagreement with the labour union.”

“It has nothing to do with my government. Whether Joe Ajaero is the president of NLC or not, I will not wish this to happen to any human being. Of course I have to apologize because it happened in my state.

‘I am a Christian and believe in God. I can’t support violence. I can never support violence. Whatever happened to Joe Ajaero in my state which I am not aware of that led to him being assaulted must be regretted by both my government and myself.

“Going forward I will also like him to do thing in a more civilized manner. That was the point I was making. A man who is from my state to go on street without clearing me out; without bringing all the allegations before me.”

The NLC had directed aviation unions to blacklist Imo airport and also declared Uzodimma persona non-grata.

 

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