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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WORKS ONGOING ON THE RECONSTRUCTION OF ATANI ROAD. (PHOTOS). #PRESS RELEASE.

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 WORKS ONGOING ON THE RECONSTRUCTION OF ATANI ROAD


By Okoli Sunday 


Rehabilitation works is ongoing on the project, the reconstruction of Atani Road in Ogbaru LGA, Anambra State.


The 10km road which was awarded in June this year has a 14-month completion timeframe which is in line with Governor Chukwuma Soludo's vision to make the state the premier destination for investment, business, tourism, and living.


The contract was awarded to a competent contractor Mideast Construction Company Ltd.


The road when completed, will not only ease traffic along the ever busy Enugu -Onitsha Expressway, it would drastically reduce accidents and criminality on the road and also help to evacuate farm produce as the people of Ogbaru are agrarian communities.


* Okoli is of the Ministry of Information, Anambra State *

More photos below. 






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