INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

Image
  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

CUSTOMS DISPLAYED 27 HILUX PICK-UP VEHICLES TODAY THAT WAS INTERCEPTED ON WEDNESDAY ALONG KUBWA ABUJA.{PHOTOS}.

Image may contain: 5 people, people standing, car, tree and outdoor
         Its my pleasure to welcome you to Headquarters of the Nigeria Customs Service. Your presence here provides another opportunity for the Service to brief you on the continuous gains of anti-smuggling operations.
On Wednesday 10th October 2017, based on credible intelligence, operatives of NCS Compliance Team went to two open car stands along Kubwa express-way in the Federal Capital Territory and evacuated 27 Toyota Hilux pick-up vehicles suspected to be smuggled into the Country. These vehicles have estimated duty paid value (DPV) of over N432,000,000 million.
We urge the owners of these vehicles to come forward with valid Customs clearance documents otherwise they will be liable to Seizure and subsequent Forfeiture to the Federal Government in-line with laws of the land.
You will recall that last month, the Comptroller-General of Customs, Col. Hameed Ibrahim Ali (Rtd) while briefing on interception of 18 exotic vehicles, 13 of which were bullet proof said that the Service under his leadership will enforce the powers given in the Customs and Excise Management Act (CEMA) effectively.
For the avoidance of doubt, what we are doing is in-line with the provisions of Sections 147 of Customs and Excise Management Act (CEMA) Cap 45, Laws of the Federation of Nigeria 2004 (power to search premises), Section 158 of CEMA, Cap 45 Laws of Federation of Nigeria (power to patrol freely).
It must also be understood that being in possession of smuggled items is an offence under Section 3 of Customs and Excise (special penal and other provision) Act Cap 47 Laws of Federation of Nigeria 2004.
Let me seize this opportunity to inform you that we are making progress on investigation in the illegal arms importation. More arrests have been made and the CGC will be on the entourage of Mr. President to Turkey for sideline bilateral meeting with the Turkish Customs Authority. This is with the aim to permanently deal and put an end to such deadly importation coming from Turkey.
NCS under the on-going reforms has continued to improve in all aspects, especially in the areas of suppression of smuggling.
The idea that one can comply with laws of other countries and contravene Nigerian Laws on arrival here can no longer be tolerated.
NCS will continue to contribute its quota to National economic development and security.Finally, let me commend the media for your continuous support. NCS appreciates and will always count on you to inform and educate the general public on the activities of the Nigeria Customs Service.More photos below.
Image may contain: car and outdoorImage may contain: car, sky and outdoorImage may contain: 1 person, sitting and carImage may contain: 9 people, people standing and outdoorImage may contain: 8 people, people smilingImage may contain: 5 people, people standing and outdoor

Comments

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

SSANU, NASU THREATEN STRIKE OVER WITHHELD SALARIES. (PHOTO).