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

GOV ENO TARGETS DECEMBER FOR COMPLETION OF UYO GULLY RECLAMATION PROJECT .(PHOTOS).#PRESS RELEASE


 


GOV ENO TARGETS DECEMBER FOR COMPLETION OF UYO GULLY RECLAMATION PROJECT 



Akwa Ibom State Governor, Pastor Umo Eno, has expressed satisfaction with the pace and quality of work at the ongoing gully erosion reclamation and beautification of the Uyo-Ewet Ravine Project, while affirming the determination of his administration to convert the area to a tourist site.


Governor Eno stated this during his inspection of the project at Etim Umanah and Udo Inwang Streets in Ewet Offot Community. 


The Governor assured that the project which includes the reclamation of the gully erosion-ravaged Etim Umana and Udo Inwang streets and conversion of the ravine lying between Uyo and Ewet villages of Offot Ukwa clan to a recreation park, will be completed by the end of the year. 


According to him "we thank God that we are able to walk up to this point here. I remember we couldn't during our first visit. I personally felt the pain of the people living here. We will reclaim the place and channel the water properly, it will become a lake, and we would have a very good tourist site here. So that's what we are doing," he explained. 

More photos below.








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