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

MAGU CALLS FOR DISCIPLINE AMONG NEW RECRUITS YESTERDAY .{PHOTOS}.

Image may contain: 1 person, standing, crowd and indoor                      The Acting Chairman of the Economic and Financial Crimes Commission,EFCC,Ibrahim Magu,has identified courage,discipline,commitment and loyalty as cricial to success in the crusade against corruption.He made this assertion yesterday monday,Jabuary 30,2017 while opening the second phase of the Detective Assistant course II program at the EFCC Academy,Karu.The EFCC boss reminded the new cadets that corruption is the mother of all crimes adding that every evil is rooted in corruption and admonished them to always shun acts cvapable of compromising their official duties.''We are passionately involved in fighting corruption,all of you must hate corruption and you should not be found to be involved in corrupt practices.The EFCC as an anti-graft agency has a high reputation in the world.It is an agency where anyone who has integrity and interest of the country at heart can serve.''If you join the EFCC because you want to make money,you better leave now.We have zero tolerance for internal corruption.We will figure you out,dismiss you and prosecute you'',he warned.
Magu,who expressed delight over the outstanding performance of the new 331 cadets from the training camp in Kaduna,congratulated them for winning prizes and making the EFCC proud.He urged them to make sure that discipline comes first while discharging their dutties.
The anti-graft gave reasons for the extra one month training organised for the new operatives saying: ''It is to bring you back home because you belong to the EFCC; equip you with skills required to work among civilians and ordinary Nigerians and teach you issues of fundamental human rights.You will also be introduced to the EFCC code of professional ethics and EFCC core values which include integrity,courage,leadership,professionalism,and partnership''.
In his welcome address,the commandant of the EFCC Academy,David Tukura said that the essence of assembling the newly graduated operatives was to bring them home after their six months rigorrous training.He described the operatives as ''soldiers against corruption'',adding that,their one month stay at the academy would avail them the opportunity of knowing the fundamental rights of Nigerians.More photos below.
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