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

ARMY COMMENCES FULL SCALE OPERATION 'PYTHON DANCE II,''+ACCUSES POLITICIANS OF INCITEMENT.{PHOTOS}.

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     The Nigerian Army has accused some politicians of attempting to cause crisis between its personnel and people in the South East zone for their selfish interest as it launches exercise “Python Dance II’’.
Brig.-Gen. Sani Usman, the Director, Army Public Relations, made the accusation in an interview with newsmen on Friday.
“It is so sad and unfortunate that a particular group of people, for political expediency and mischief, are trying to set the military and Nigerian society against each other.
“It is sad, it is unfortunate,’’ Usman said while reacting to the face-off between the army and members of some groups in the zone, particularly in Abia.
The army spokesman, however, maintained that in spite of the face-off, the army would go ahead to conduct its exercise, “Egwu Eke’’ – Python Dance II, due to commence on Friday.
“It will commence on 15, Sept. 2017. The troops have been conducting themselves professionally within the ambit of rules of engagement and code of conduct and where there are noted infractions, appropriate measures will be taken.’’
Usman described the face-off between the army and members of the Indigenous People of Biafra (IPOB) in Abia as an isolated issue which he said was being blown out of proportion by some people.
“These isolated incidences, instigated by miscreants and mischief makers, therefore, should not be taken as something that should jeopardise the military exercise going on in that place .
“The exercise is taking part in the entire South East and Cross River, why should we have problem in one state – Abia.
“There is no reported problem in Imo, Ebonyi, Anambra, Enugu and Cross River states.”
The army spokesman called for understanding, saying that there “is need for all of us to be more responsible, exercise understanding about the issues at hand, support and encourage the military to perform its legitimate duty.
“The exercise we are having has been scheduled since last year – 2016, it is not targeted at any segment of the Nigerian society.
“As a matter of fact, it was because of the encouraging feedback that we have about the conduct of exercise Python Dance I in 2016 that brought the idea of having another exercise.
“And being a responsible organisation, people said Python Dance seems to be something awkward, so, why don’t you call it in the native language of those people so that they can understand it just like you have exercise Harbin Kunama .
“We have had exercises in other parts of the country.
“As soon as we are done with exercise Egwu Eke II, we are embarking on exercise Crocodile Smile II which is also a scheduled training exercise in the circle of the Nigerian army training year, 2017.
“And this time around, beyond the South South Zone, it will be extended to the South West zone, involving 2 Division, 6 Division and 81 Division,’’ Usman said.
He argued that Egwu Eke was not an operation but a training exercise intended to sharpen the skills involved.
This, he said was to enable them to deal with crimes such as kidnapping, pipeline vandalism and other violent crimes associated with the zone, especially in “ember months.’’
“I want you to understand that the military do not come out on its own, it will only do so in case there is a need, a constitutional responsibility or need for them to come out in aid of civil authority.’’
On the reported attack by members of IPOB on other ethnic groups in Abia and part of Rivers, he said security agencies had risen to the challenge.
“Well, there were reported attempts by hoodlums or miscreants to take undue advantage of what has been happening to harass and molest some other persons residing in the south east.
“For instance, we have had incidents at Oyibo in Rivers and of course, Aba. Security agencies have risen to the challenge.“There are some mischievous elements that are peddling information to incite people. People should be wary about information on the social media,’’ Usman advised.


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