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

APC: ONLY UZODINMA-LED COMMITTEE CAN ANNOUNCE FINAL RESULT OF EDO GUBER PRIMARY. (PHOTO).


 APC: Only Uzodinma-led committee can announce final result of Edo guber primary

The All Progressives Congress (APC) says only the committee led by Hope Uzodinma, governor of Imo state, can announce the results of the Edo governorship primary election.


In a statement on Saturday, Felix Morka, APC spokesperson, said the public should disregard any results announced by “unauthorised persons”.


This is coming a few hours after some suspected political thugs were said to have disrupted the collation of results of the primary election.


“The attention of the National Working Committee of our great party has been drawn to a live broadcast on major national television stations and online news outlets of results of the ongoing Edo State APC governorship primary election by some unauthorized persons,” Morka said.


“We wish to state categorically that only the Governor Hope Uzodinma-Led Edo State APC Governorship Primary Election Committee is duly authorized to undertake final collation and announcement of results of the Primary Election in the State.


“We urge all party members, officials in the State, and the general public to disregard the said announcement of results by these unauthorized persons.”


Whoever wins APC primary election will become the flag bearer of the party for the governorship election fixed for September.

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