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

IMO LG POLL: OHAJI/EGBEMA RESIDENTS STAGE PROTEST AGAINST EX-MINISTER. (PHOTO).


 Imo LG poll: Ohaji/Egbema residents stage protest against ex-minister


Hundreds of protesters from Ohaji/Egbema LGA of Imo State on Thursday barricaded the Government House over what they described as undemocratic moves by a former Minister of State for Education, and one time Speaker of the Imo State House of Assembly, Goodluck Nanah Opiah, to scuttle long time agreement that exists within the political blocs that make up the local council.


The protesters accused the former minister of attempting to impose his choice candidate for the chairmanship seat of the LGA, saying that the move if allowed would truncate the zoning arrangement which has been long established among the components of the council.


They insisted that it was the turn of Awarra Court Area to produce the next chairman of the local council, saying that trying to use the Sole Administrator of the Local Government, Princewill Onyeaju, to manipulate the process would be resisted.


Speaking during the protest, the spokesperson of the group, Mr Lucky Onyiri told newsmen that the people of Awarra Court Area were protesting against Opiah’s activities in Ohaji.


He said, “Today the good people of Awarra Court Area carried out a massive protest against the evil activities of Rt Goodluck Nanah Opiah in Ohaji oil and gas rich Kingdom.


“He tried to manipulate the chairmanship election which was earlier zoned to Awarra Court Area by Chief Charles Orie with other stakeholders of Ohaji/Egbema including Prof. Vitalis Nwulu who later turned around to be used by Rt Goodluck Nana Opia.


“He manipulated the newly appointed SOLAD of Ohaji/Egbema to appoint new PGs without due process because he wants to control the Oil and Gas business in the area.”


Representatives of the state government assured the protesters that the governor would respond positively to their demands.

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