INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).
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
Worried by rampart cases of overloading with human beings and goods being noticed in Gusau,Zamfara state,the Corps Marshal of the Federal Road Safety Corps {FRSC}, Dr Boboye Oyeyemi has declared a major operation against the menace of overloading,giving a marching order to the sector commander to immediately eradicate the practice with all the might of the command.The Corps Marshal made the declaration over the weekend while addressing staff of Zamfara state Sector Command of the FRSC during his visit to the state capital.Oyeyemi wwho described as ''unacceptable,'' a situation where human beings are loaded with animals in the booth of vehicles,noted that such acts which are common in the state capital must be brought to an end forthwith through aggressive public enlightenment and enforcement programmes by the command,commencing from Monday.''It is appalling to still see human beings and animals being conveyed in the booth of vehicles in many areas of the state.Aside such practice being dangerous,it is also socially unaccepted,'' he stated. ''As a demonstration of our concern against the practice,I am directing the sector commander to commence a major operation as from Monday with a view to eradicating the practice,not only within the state capitl,but all parts of the state including the neighbouring areas,'' he added.The Corps Marshal further directed the Zonal Commanding Officer of Zone RS10 Headquarters,Sokoto,to replicate the campaign in all the states under the zone,saying he would be personally reviewing the operations to determine the level of compliance upon which the commanding officers could be rewarded or sanctioned in line with the ideals of his management on reward and punishment for hard working and indolent staff.
Comments
Post a Comment