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

IGP ORDERS IMMEDIATE DISMANTLING OF ILLEGAL & UNLAWFUL ROAD BLOCKS MOUNTED BY REVENUE AGENTS,TRANSPORT UNIONS & OTHERS RELATED ILLEGAL TASK FORCES ACROSS THE COUNTRY.

Image may contain: 1 person, standing                                           The Inspector General of Police,IGP Ibrahim K. Idris NPM,mni has deployed Special X-Squad Teams of the Force across the country to commence with effect from Monday,17th April,2017 the removal of all forms of illegal blockage of Highways and Roads,and other obstructions on public Highways and Roads created by unlawful Revenue/Tax collectors,Road Transport Unions,Labour and Trade related unions inhibiting vehicular movement and smooth passage of passengers and goods,and other road users across the country.
2.The Special X-Squad Teams deployed are under strict instructions to also arrest,investigate and prosecute any person or group of persons found committing this illegal act.It is unlawful and contrary to the laws for any individual,or group under any name to take laws into their hands and block any Road or Highway in full or any part of it under the guise of collection of Revenue/Tax or enforcement of the interests of such irganisations.
3. For avoidance of doubt,the Taxes and Levies act,Laws of Federation of Nigeria 2004 section 2 {2} disallowed any person,including a Tax Authority from mounting a Road block in any part of the Federation for the purposes of collecting any Tax or Levy.
4. Consequently,the Nigeria Police Force hereby advised the relevant State Governmentss,Local Government Councils,Boards of Internal Revenue Service across the Country,various Transport Unions,Labour and Traders Associations that it is against the law for any organization to create a blockage and restrict or restrain members of the public the free usage of Roads and Highways anywhere in the country.
5. It is evident from the numerous complaints received at Police Stations across the country that these illegal blockage points were most times taken over and used by Armed Robbers and Kidnappers to rob,kidnap and main innocent travellers and other road users.
6. The Nigeria Police Force implored the affected stakeholders mentioned in paragraph ''four {4}'' above to prevails on their proxies,agents and representatives to desist forthwwith the blockage of Highways and Roads across the country,as the full weight of the law will be applied on anyone arrested in the act,and they will be prosecuted along with their sponsors.Parents and guidance are also enjoined to monitor their children and wards not to be used to commit illegal acts under the pretence of employment.
7. The renewed commitment of the Nigeria Police Force to continue to enforce the law,guarantee adequate security and safety of every Nigerian and ensure crime free society remained unwavering.
CSP JIMOH MOSHOOD
Force Public Relations Officer
The Nigeria Police Force,
Force Headquarters,
Abuja.
Image may contain: 1 person, standing

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