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

EDUCATION: BAYELSA GOVT CLEARS WAEC, NECO FEES FOR 2011 MODEL SCHOOLS STUDENTS. (PHOTO)


 Education: Bayelsa Govt clears WAEC, NECO fees for 2011 Model Schools Students


The Bayelsa State Governor, Senator Douye Diri has approved funds for payment of West African Examination Council (WAEC) and National Examination Council (NECO) Senior Secondary School’s Certificate examinations fees for Two Thousand and eleven (2011) students of the 13 Government Model Secondary Schools across the state participating in the examinations in 2024. 


The approval is in continuation of the established practice of the Governor in the last four years. 


The state Commissioner for Information, Orientation and Strategy, Hon. Ayibaina Duba stated this in a press release in Yenagoa. 


Hon. Ayibaina Duba disclosed that the annual payment of WAEC and NECO examinations is part of the Prosperity administration’s deliberate investment in education and human capital development which has been one of the major thrusts of the Senator Douye Diri administration in the last four years. 


According to the Information Commissioner, a total sum of One Hundred and Ninety-Two Million (N192,000,000.00) Naira only was approved for the certificate examinations this year alone.


The Government Spokesperson who said that the amount did not include other funds invested in the Unified Primary School Leaving Examination and Junior Secondary School Certificate Examination which are sponsored by the state Government and at no cost to the parents and their wards, added that the commitment of the governor to progressive ideas and projects in the education sector was borne out of Governor Douye Diri’s belief that education is the best legacy a society can bequeath to the upcoming generation.


Hon. Duba urged Bayelsans of all walks of life to look forward to the second tenure of Senator Douye Diri with great optimism assuring that Bayelsa is yet to see the best of the transformative leader.

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