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

CONVOCATION: 174 BAGGED FIRST-CLASS, AS UNI-UYO GRADUATES 12,450 STUDENTS. (PHOTO).


 Convocation: 174 bagged first-class, as Uniuyo graduates 12,450 students


The University of Uyo, Akwa Ibom State has revealed that about One-hundred and seventy-four, 174 students of the Institution have bagged first-class honours as it graduates 12,450 students at the 2024 convocation which comes up on Saturday.


The Vice Chancellor of the University, Prof Nyaudo Ndaeyo stated this on Tuesday while giving a breakdown of the graduands at the pre-convocation briefing which was held at the University’s Council chambers of the University, Nwaniba Road, Uyo.


He said, “This year’s convocation is yet another very significant milestone ceremony in the life of this administration. It is significant in that it’s a combined ceremony of the 29th and 30th convocation in the series of this great citadel of learning.


“The combined convocation has a total of 12,450 graduands. The breakdown shows Thus: PHD 303, Master’s Degree 608, Postgraduate Diploma 246 bringing the total to 1,167. The bachelor’s degree in the 2020/2021 session is 4,823. First Class 56, second class (upper division) 1,737, second class (lower division) 2,336 third class 412 and pass degree 282 bringing the subtotal to 4,823 while diploma is 176 and certificate 5, giving a total of 5,004.


“Bachelor’s degree in the 2021/2022 season 6,012. First Class 118 second class (upper division),2,306, second class (Lower division) 2,895 third class 481, pass 212, subtotal 6,012 diploma 235 certificate 32 bringing the total to 6,279.

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