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

ODUIGBO MODERN MARKET OCHANJA UNDER CONSTRUCTION TO BE READY IN 4 MONTHS.(PHOTO).#PRESS RELEASE




 Oduigbo Modern Market Ochanja Under Construction To Be Ready In 4 Months


By Obianuju Azukaego/Patricia Osegbue


The Transition Chairman, Onitsha South Local Government Area, Anambra State, Mr. Emeka Orji has said that the Oduigbo section of Ochanja Market under construction will be ready for use within four months.


Mr. Orji said this in an interview with Information officers shortly after he and his team inspected the market.


He said that the on-going  market project was in line with Prof. Chukwuma Soludo's effort to stop unplanned markets in the State.


"Gov. Soludo wants to change the narrative of building unplanned markets in the state, so he started with Oduigbo Market, one at a time," he added.


The Chairman, who described the market as a-state-of-the-art  project said that the construction was barely two weeks old.


According to Him, it was also in line with Gov. Soludo's manifesto to put Anambra State among the first eleven best states in Nigeria.


He described the project as a multi-billion naira edifice, which the people of the state will benefit immensely from.


Mr. Orji noted that former Oduigbo Market was not planned well and was of low quality which was why the State Government demolished it to put up a world standard one.


He urged the traders who have original papers from the former developer not to display any fear of losing their space as they will be taken into consideration before the new allottees when the market is ready.


The chairman said that the former occupants of the market were given palliative markets where they will continue their business until the modern market is completed, urging Ndi Anambra State to key into Gov. Soludo's big ideas to make the state an enviable one.


The Chairman described the governor as an administrator with loaded ideas and a public oriented personality who wants his developmental strides to be world class.


Also, the developer of the Oduigbo Market, Sir Uche Okoye said that the two storey building market  will contain 572 shops.


According to him, the down floor will contain 384 shops, the first floor will have 92 shops while the second floor will accommodate 96 shops. 


*Obianuju, Patricia are of the Ministry of Information, Anambra State

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