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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RIVERS ASSEMBLY CLERK DISOWNS PRO-FUBARA FACTION, INSISTS AMAEWHULE IS SPEAKER. (PHOTO).

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 Rivers Assembly clerk disowns pro-Fubara faction, insists Amaewhule is Speaker


The clerk of Rivers Assembly, Emeka Amadi, has disowned the pro-Governor Sim Fubara’s faction of the Assembly.

Amadi insisted Martin Amaewhule remains Rivers Speaker.

The clerk said the three members of the Assemby loyal to Fubara—Hon. Victor Oko Jumbo, Hon. Sokari Goodboy Sokari and Hon. Adolphus Orubimie Timothy—were suspended on October 30, 2023 and cannot lay claim to be officers of the House.

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