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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AMAEWHULE-LED RIVERS LAWMAKERS SEEK ARREST OF CARETAKER CHAIRMEN.(PHOTO).

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 Amaewhule-Led Rivers Lawmakers Seek Arrest Of Caretaker Chairmen


The Martin Amaewhule-led Rivers State House of Assembly has frowned at the continued stay in office of the Caretaker Committee Chairmen (CTC) despite a Supreme Court judgement declaring them illegal. The lawmakers want them arrested. 


The apex court had recently given judgement in a case between the Attorney General of the Federation and the Attorneys General of the 36 states, ruling that CTC is illegal.


At plenary on Monday, the leader of the House Major Jack informed the members of the Certified True Copy of the aforementioned Supreme Court judgement in his possession which he laid before the speaker.


While presenting his report, the Chairman of the House Committee on Local Governments Ignatius Onwuka raised an alarm over the continued activities of CTC Chairmen despite the Supreme Court judgement.


“Some impostors are parading themselves as caretaker committee chairmen and members in the 23 local governments. Mr Speaker this worries me because this House amended the law of Local Governments in the state directing that only elected Local Government officials shall be the ones responsible for local government activities,” he said.


Onwuka added: “These impostors are going around the local governments parading themselves and harassing innocent men and women, imposing levies and rates. So, for us as a House, we felt we should bring the activities of these impostors to your notice.”


In another submission, the member representing Andoni Constituency Ofiks Kagbang accused Governor Fubara of instigating anarchy.


He said, “From what I’m seeing in this state, the governor is inviting anarchy. The Supreme Court says there should be no caretaker committee and Mr Governor is still keeping those caretaker committee chairmen collecting levies and rates. Is that not anarchy?”


After voting, Amaewhule called on the police to arrest the caretaker committee chairmen wherever they were seen parading themselves. He mandated the chairman of the House Committee on Information to inform residents of the state of their decision.

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