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
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LEAVE VEGETABLE SELLERS, PRETTY TRADERS ALONE, GOV NWIFURU WARNS TAX COLLECTORS. (PHOTO).

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 Leave vegetable sellers, petty traders alone, Gov Nwifuru warns tax collectors


Gov. Francis Nwifuru of Ebonyi has warned revenue officers in the state against collecting taxes from vegetable sellers and other petty traders.

This is contained in a statement issued by the governor’s Chief Press Secretary (CPS), Mr Monday Uzor, in Abakaliki on Wednesday.

The governor gave the warning during the swearing-in of members of the Revenue Appeal Commission in the state.

Nwifuru described the collection of taxes from vegetable sellers as inhuman and urged them to avoid such acts.

He said there was no reason to collect tax from people selling their farm produce in the local markets.

“I want you to go for big big business owners.

“I have told the Revenue Service, I don’t want you to go to the Village markets and be collecting tax from vegetable sellers, I have said it times without number.

“I don’t see reasons we should be taxing people who are selling what they got from their farms,” he advised.

Nwifuru urged Mr Augustine Nwankwegu, Chairman of the Revenue Service and Appeal Commission and its members to go about their duties with a human face to improve the Internally Generated Revenue of the state and not step on the toes of the people.

“I don’t want shouting, I don’t want closing people’s shops, you have to look at the people’s shops and tax them based on what they have, everything is all about negotiations,” he said.

Nwankwegu, who spoke on behalf of the appointees, thanked the governor and assured him that the revenue service would work hard to improve the revenue of the state as well as improve the ease of doing business in the state.

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