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

ARMY REOPENS UMUAHIA-MBAISE ROAD, RELOCATES CHECKPOINT AFTER ATTACK. (PHOTO).


 Army Reopens Umuahia-Mbaise Road, Relocates Checkpoint After Attack


The Nigerian Army has reopened the Umuahia-Mbaise road, which had been closed following an attack on a military checkpoint at Ekenobizi last Wednesday.


The decision to reopen the road came after a visit by the General Officer Commanding (GOC) 82 Division, Nigerian Army, Major General Hassan Dada, accompanied by senior military officers, including Brigadier General Olusola Diya, Commander of the 14 Brigade, Ohafia.


During the visit, the GOC’s team, in collaboration with the Special Adviser to the Abia State Governor on Security, Navy Commander (retd.) MacDonald Ubah, agreed to relocate the military checkpoint from its original position at Ekenobizi to a new location near the Onuimo River. The new site provides a better vantage point, improving security operations.


Commander Ubah explained that the original checkpoint was situated in a built-up area, which hindered the military's ability to respond effectively to attacks. He added that local leaders, including the traditional ruler of Ezeleke Autonomous Community, HRH Eze Ibeakanma, had supported the relocation and worked with the military to facilitate the move.


He also noted that community members had volunteered to help clear the new checkpoint site and promised to assist security forces by providing crucial information to enhance safety in the area.


The road closure, which forced motorists to seek alternative routes, followed the deadly attack that claimed the lives of two soldiers. With the road now reopened, it is expected to ease travel and restore normalcy to the region.

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