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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DON'T USE MY NAME TO SEEK FOR APPROVAL FOR YOUR OVER BLOATED CONTRACTS- ORJI CAUTION AKO OBIOMA. (PHOTO).#PRESS RELEASE

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Don’t use my Name to seek for Approval for your over bloated Contracts - Orji Caution Ako Obioma


The Speaker of the 7th Abia State House of Assembly Rt Hon. Chinedum Orji has warned Ako Obioma to stop seeking for approval of his over bloated Government Contracts from the current Government in the state with his name.


In a statement signed by his spokesperson, Chief Jude Ndukwe while reacting to the allegations by Ako Obioma accusing Rt Hon. Chinedum Orji of highjacking his father’s Government and that of the immediate past Governor of the state Okezie Ikpeazu.


He urged Obioma to pray to pray to God to have a child that will honor him.


See full statement below... 


Ako Obioma and the Rants of a Crooked Contractor.


Our attention has been drawn to the incessant infantile tirades of one of Abia’s most infamous and crooked contractors, Ako Obioma against the person of Rt HonChinedumEnyinnayaOrjiFNSE.


While we would have loved to continue to ignore him, it is however pertinent to put the records straight and prevent unsuspecting Abians from falling prey to his crookery.


Apart from suffering from a lack of proper home care that has obviously affected his mental and emotional states of mind negatively, Ako Obioma is on record as one of those contractors in Abia state that did perfect the ignoble art of collecting government funds released for road contracts to buy exotic cars without delivering on the jobs. His dishonesty is nauseating and he can not possibly be someone that should offer any advice.


We wish to let him know that Rt Hon Chinedum Orji has no regrets whatsoever in the role he played during the administration of his father as Governor of Abia State and he owes him or anyone whomsoever harbouring such feelings any apologies.


We strongly advise Ako Obioma to stop leveraging on the person of Rt Hon Chinedum Orji to seek for approval of his overbloated contracts from his new found friends.


If he could condemn the governors of the state from 1999 till 2015, the same condemnation awaits this same government irrespective of what they do for him as long as his insatiable quest for the acquisition of exotic cars through overbloated contracts are not met by this government.


Finally, we wish to advise Ako Obioma to focus on his family and pray to have a child that will honour him.


Those that live in glass houses don’t throw stones.


Jude Ndukwe

Spokesman to

Rt Hon. Chinedum Enyinnaya Orji

FNICE, FNSE

 

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