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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REACTIONS AS PETE EDOCHIE IS CONFERRED WITH A NEW CHIEFTAINCY TITLE. (PHOTO).

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Reactions as Pete Edochie is conferred new chieftaincy title

Veteran Nollywood actor, Pete Edochie is on the headlines as he was recently conferred a well respected chieftaincy title.

The renowned actor informed his fans of the good news via a post on his official Instagram page.

In his post, Pete Edochie revealed that the title, which is from his maternal homestead, arrived at the most unexpected moment in his life.

During his announcement, Pete Edochie took the time to instruct his fans on how to address him and pronounce his new chieftaincy title.

He wrote: “New Chieftaincy Title: IBOBO Umuleri…. Pronunciation: Umueri….. Umueri being my maternal home.” 

Netizens took time out to drag the actor’s son Yul Edochie in the comment section as they celebrated Pete Edochie.

 

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