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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GOVERNOR UZODIMMA ACCENTED IMO POLYTECHNIC AMENDMENT BILL INTO LAW . (PHOTO). #PRESS RELEASE

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 GOVERNOR UZODIMMA ACCENTED IMO POLYTECHNIC AMENDMENT BILL INTO LAW 



Governor Uzodimma has officially signed the Imo State Polytechnic Amendment Bill into law, transitioning the institution to a mono-campus system. 


Governor Uzodimma, in his address during the signing ceremony, emphasized the importance of polytechnic education, highlighted the key provisions of the bill, which includes centralizing the activities of the institution in one campus. 


The Governor informed that making Imo State Polytechnic a mono-campus is to, among other things, "cut cost and reduce student’s risk of movement and ensure prompt verifications and effective supervision as well as allow for easy teaching and learning and graduation of the students at the appropriate time." 


The Speaker and other House members, along with key state officials like the Deputy Governor, Secretary to the State Government, Chief of Staff, and Attorney General, attended the bill signing ceremony. 



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