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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UPDATE: I CAN'T BE DISMISSED THROUGH PRESS STATEMENT,SACKED UNIZIK VC REPLIES PRESIDENCY.(PHOTO).

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 I can’t be dismissed through press statement, sacked UNIZIK VC replies presidency


The sacked Vice-Chancellor of the Nnamdi Azikiwe University, Awka, Anambra State, Prof Bernard Odoh, on Thursday, lamented the mode through which he was removed as the institution’s VC, stating that it didn’t go through a due process.


Odoh’s concerns follow his sack and that of the institution’s governing council over his purported “illegal” appointment.


In a statement issued on Wednesday by Bayo Onanuga, the Special Adviser on Information and Strategy to President Bola Tinubu, it stated that the Federal Government needed to wade in to address brewing tensions.


However, Odoh, in an interview on Thursday, maintained that he won’t accept his removal through a press release but rather after the recommendations of an investigating council.


He said, “I’m not disobeying Mr President, but it is the governing council that will recommend my sack after investigating me,” adding that “Mr President could have been ill-advised.”


“You can’t fire somebody you didn’t employ. The Visitor (Tinubu) appointed the council and the council followed due process to engage and give me a letter. He can’t remove me through a press release.


“There was no panel of inquiry. I was not appointed through a press release but rather by a constituted authority which followed a straightforward procedure,” he added.

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