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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NLC AND TUC, RESOLVED TO COMMENCE THE PLANNED NATIONWIDE STRIKE FROM MIDNIGHT TODAY.(PHOTO).

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 The Nigeria Labour Congress, NLC, and the Trade Union Congress of Nigeria, TUC, counterparts, have resolved to commence the planned nationwide strike from midnight today, November 13.


The labour unions agreed to embark on strike is to protest the assault of the NLC President and others in Owerri, Imo State on November 1, as well of the pending labour issues in Imo State.


They had on November 7, resolved to declare a nationwide strike by Tuesday, November 14, if their demands were not met.


Recall that suspected agents of the state and security operatives had descended on Ajaero alongside other Labour leaders smashing their vehicles, inflicting injuries on them and dispossessing handsets, money, ATM cards among other valuables from the Labour leaders and others who had gathered at the NLC State secretariat to begin a scheduled protest on November 1, over pending Labour issues.


The NLC President, other national leaders of NLC and their TUC, counterparts, were at the NLC state Secretariat in Owerri to protest among other grievances backlog of unpaid salaries and allowances, Pensions, gratuities and non-compliance with the National Minimum Wage Act.

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