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

VAIDS: DEMAND FOR WRITTEN NOTICE FROM TAX OFFICIALS,ADEOSUN ADVISES TAX PAYERS+EL-RUFAI,ADEOSUN HONOUR 40 YEARS CONSISTENT TAX PAYER IN KADUNA.

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      The Honourable Minister of Finance, Mrs. Kemi Adeosun, has advised tax payers to demand for written notice when they receive phone calls from tax officials.
She gave this advice in response to the activities of some fake tax officials alleging to be officials of the Voluntary Assets and Income Declaration Scheme (VAIDS).
In a statement on Sunday, the Minister said, “My attention has been drawn to reports of some unidentified tax officials requesting for bank details and address of tax payers.
“If you receive a phone call from someone claiming to be from the Tax Office, do not panic. Ask them to send you a written notice. Do not provide any details like your address or bank details,” she urged.
Meanwhile, the Executive Governor of Kaduna State, Mallam Nasir el-Rufai and the Minister of Finance, Mrs. Kemi Adeosun, has honoured a consistent tax payer, Elder Lema Jibrin.
Jibrin was honoured during the Voluntary Assets and Income Declaration Scheme (VAIDS) Sensitisation programme in Kaduna last Thursday.
The Kaduna State Governor noted that Jibrin had consistently paid tax to the government for 40 years.
“Elder Lema Jibrin, the Dan Iyan Katsina, is the most tax compliant Nigerian. He has been paying his taxes consistently for 40 years and has not relented or evaded the payment of taxes,” el-Rufai said.
Adeosun praised Elder Jibrin for his consistency and diligence in tax payment, and urged tax payers to utilise the amnesty programme of the Federal Government to regularise their tax profiles.
Signed:
Oluyinka Akintunde
Special Adviser, Media & Communications to the Hon. Minister of Finance
Federal Ministry of Finance
Sunday,4th March,2018.
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