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

RETURN OFFICIAL VEHICLES IN YOUR CUSTODY- GOV. UZODINMA ORDERS FORMER APPOINTEES. (PHOTO).


 Return official vehicles in your custody – Uzodinma orders former appointees


Governor Hope Uzodimma of Imo State has directed former political appointees to immediately return all official vehicles that are in their possession.


The governor directed the Managing Director of Imo State Oil Producing Areas Development Commission (ISOPADEC), Hon Chief Charles Orie, to take custody and carry out the proper inventory of all official vehicles assigned to the former political appointees.


The directive was made known in a statement signed by Oguwike Nwachuku, Chief Press Secretary and Media Adviser to the Governor, and obtained by DAILY POST on Thursday in Owerri, Imo State capital.


“This directive affects all former Principal Officers to the Governor, all former Commissioners, all Special Advisers, all General Managers of Agencies of Government, among others.


“Orie was further urged to ensure that no former political appointee, no matter how highly placed, refuses to surrender his or her official vehicles.


“On January 16, 2024, when Governor Uzodimma dissolved his expanded Executive Council, he had directed that the Commissioners should hand over their official vehicles to the Permanent Secretaries in their ministries while the Special Advisers should submit their official vehicles at the Office of the Chief of Staff.


“While some former political appointees complied with the directives, others are yet to do so, raising concerns they may have ulterior motives.


“Poised to ensure that government directives are respected by all and sundry, Governor Uzodimma has mandated Orie to use all means lawful to extract compliance from the former appointees.


“Those Governor Uzodimma expects Chief Orie to take custody and inventory of the vehicles assigned to them as former appointees are his former principal officers, his former Commissioners, his former Special Advisers, former General Managers of Agencies of Government, among others.


“Compliance is said to be immediate and nonnegotiable,” the statement read.

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