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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GOV. SOLUDO’S FATHER DIES AT 92.(PHOTO).

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 Soludo’s father dies at 92


Anambra State Governor Chukwuma Soludo has lost his father, Pa Simeon Nwankwo Soludo.


Pa Soludo reportedly died in the early hours of Monday, 6th November, 2023.


A short statement by the Press Secretary of the Governor, Mr Christian Aburime, announced Pa Soludo’s passing.


The statement said: “Pa Soludo is survived by seven sons, eight daughters-in-law, twenty-two grand-children and six great-grand children.


“Governor Soludo noted that his late father lived a fulfilled life and died at the ripe age of ninety-two years (92)


“Further information will be communicated to the public in due course.”

 

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