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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APGA WINS ALL 21 CHAIRMANSHIP POSITIONS, COUNCILLORSHIP SEATS. (PHOTO).

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 APGA WINS ALL 21 CHAIRMANSHIP POSITIONS, COUNCILLORSHIP SEATS


The All Progressives Grand Alliance, APGA, has won the September 28 local government elections in Anambra State, clearing all chairmanship and councillorship seats across the 21 local government areas of the state.


The Chairman of the Anambra State Independent Electoral Commission, ANSIEC, Genevieve Osakwe, announced the results at the ANSIEC office in Awka.

Osakwe, while declaring the election as free and fair, said the ANSIEC carefully collated and analysed the results to ensure that there were no mistakes.


She added that none of the opposition candidates or political parties and their party agents came to the ANSIEC office where the election was declared.


She hailed the people of the State for trooping out en masse to exercise their civic rights, while also appreciating security agencies for ensuring peace and orderliness throughout the process.

“This is to affirm the result of the chairmanship and councillorship election held on September 28, 2024. The commission carefully collated and analysed the results to ensure that there were no mistakes.


“We carefully collated and analysed the results to ensure that there were no mistakes. All the scores and the parties were announced at the polling units yesterday. We are here today to affirm the results as recorded.


“Election held at all the polling units across Anambra State on September 28, and it was free, fair and credible,” she said.

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