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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ACTDA DEMOLISHES SHANTIES, ILLEGAL STRUCTURES TO GIVE AWKA FACELIFT. (PHOTOS).#PRESS RELEASE

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ACTDA Demolishes Shanties, Illegal Structures To Give Awka Facelift 

By Ukpa Ewa

In resolve to rid-off Awka of illegal structures, the  Awka Capital Development Authority (ACTDA) has demolished shanties and illegal structures in Unizik Tempsite, Anambra State ahead of the yuletide celebration.

Speaking to journalists during the exercise, the Deputy Commander Enforcement team, Mr. Ukachukwu Okonkwo, said that the exercise was a monthly routine to improve serenity in and around the state capital.

Okonkwo who explained that the shanties demolished were the ones blocking the drainage systems, maintained that the law made it clear for those who intended to build drainage covers to use an iron bar that is removable for easy cleanup.

"The state government passed a law that if you want to build aq cross-over  gutter, you must construct it with iron bars or removable slaps for easy clean up during sanitation or desilting to allow free flow of water and movement of vehicles," he said.

The exercise, which was carried out at the newly constructed dual carriage road at tempsite, Abakaliki Street - Club Road, and Okey Anueyiagu, former INEC Road, Awka, aimed at ensuring that Ndị Anambra enjoy the serene environment they deserved.

The Agency's Public Relation Officer also reported that removal of heavy-duty trucks that obstruct the free flow of both human and vehicular movement on Arthur Eze Avenue was also carried out by the Agency.

*Ukpa is of the Ministry of Information, Anambra State
More photos below. 



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