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 RESTRICTION OF VEHICULAR MOVEMENT ON ELECTION DAY.#PRESS RELEASE.

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     As part of efforts in furtherance of the overall interest of public order, public wellbeing and safety and national security as it relates to the general elections billed to take place on Saturday, February 16th, 2019, the Inspector General of Police, Ag. IGP M.A Adamu, NPM, mni has ordered therestriction of vehicular movement from 6am – 6pm on Saturday, 16th February, 2019.
The IGP notes that the restriction will assist the security agencies in effectively policing the electoral process, thereby preventing hoodlums and criminally-minded elements from hijacking and disrupting the electoral process. He urges the citizens to troupe out en-masse on the day of the election to exercise their franchise without any fear or apprehension as the Police and other security agencies have already put in place adequate security measures to ensure a safe, secure and conducive environment for a peaceful and credible election.
While regretting the inconveniences the restriction will cause the citizens, the IGP however warns that the Force will deal decisively with any individual(s) or group(s) that will want to test our common will in our resolve to ensure a peaceful election. He therefore enjoins the citizens to steer-clear of vote buying, vote selling, hate speeches, circulating fake news, snatching of ballot boxes and other act(s) capable of truncating the people’s will noting that the Force will not hesitate to bring to bear the full weight of the law on anyone who engages in any crime during this period.
ACP FRANK MBA
FORCE PUBLIC RELATIONS OFFICER
FORCE HEADQUARTERS
ABUJA.
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