INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

Image
  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

FLOOD: ANAMBRA WEST RESIDENTS APPEAL FOR IMMEDIATE GOVT ASSISTANCE. (PHOTO). #PRESS RELEASE


 Flood: Anambra West Residents Appeal For  Immediate Govt  Assistance


By Felix Igboanugo 


Residents of Anambra West Local Government Area, Anambra State are currently facing a dire situation as the area has been severely submerged by the ravaging flood. 


The rising waters have caused widespread damage to homes, farmlands, and infrastructure, leaving many residents displaced and in need of urgent assistance.


In light of this crisis, the residents have made a passionate appeal to federal government, National Emergency Management Agency (NEMA), and Anambra State Government for immediate assistance. 


Speaking to information officer, one of the resident, Mr. Okonkwo Odili stressed the urgent need for relief supplies such as food, shelter, and medical assistance.


"Our people are facing extreme hardships, with no shelter, food, or clean water, and the health risks are escalating as waterborne diseases spread unchecked. This situation demands swift and decisive intervention to save lives and provide relief to those affected," he said. 


Mr. Odili explained that the flood was as a result of heavy rainfall and overflowing rivers, resulting in the displacement of hundreds of families, adding that some were forced to seek shelter in makeshift camps or with relatives, as their homes have been inundated with water.


He said that the situation is critical and required prompt action from the state government to provide relief to those affected, appealing to the government to swiftly respond to their appeal and provide the necessary assistance to alleviate the suffering of the flood victims.


As the residents of Anambra West LGA struggle to cope with the aftermath of the flooding, it is crucial that the state government steps in to provide support and assistance to those in need. The plight of the flood victims must not be overlooked, and immediate action is required to address this humanitarian crisis.


*Felix is of the Ministry of Information, Anambra State

Comments

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

SSANU, NASU THREATEN STRIKE OVER WITHHELD SALARIES. (PHOTO).