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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EDO GOV. 'OKPEBHOLO' DISSOLVES BOARDS AND TERMINATES POLITICAL APPOINTMENTS. (PHOTO).

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 Edo Governor Okpebholo Dissolves Boards and Terminates Political Appointments


Edo State Governor, Monday Okpebholo, has dissolved all existing boards and terminated the appointments of political appointees, including those of Permanent Secretaries appointed from outside the state civil service.


In a statement issued by the Governor's Chief Press Secretary, Fred Itua, it was announced that all executives of boards, agencies, and parastatals in the Edo State public service have been dissolved with immediate effect. Additionally, all political appointees, including Permanent Secretaries appointed externally, have been relieved of their duties.


The affected individuals have been instructed to return all government properties in their possession to the most senior public officer in their respective ministries, departments, and agencies.

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