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
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PASSAGE OF THE POLICE TRUST FUND BILL: IGP SALUTES THE NATIONAL ASSEMBLY,CONFIDENT IT WILL ENGENDER EFFICIENCY IN POLICING THE COUNTRY.#PRESS RELEASE.

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          The Inspector General of Police, IGP M.A Adamu, NPM, mni has hailed the leadership and members of the National Assembly on the passage of the Police Trust Fund Bill, yesterday, 9th March, 2019.
The Police Trust Fund Bill, when signed into law by the President and Commander-in-Chief of the Armed Forces, President Muhammadu Buhari, GCFR will be pivotal to providing a legal framework for the management and control of the Special Intervention Fund for the training of personnel of the Force, procurement of operational equipment, infrastructures and maintenance of Police Stations across the Country.
The IGP notes that with the passage of the Bill, and hopefully, the eventual signing into law by the President, the Federal Government will be laying a solid foundation for the future of an effective and efficient structure for policing the Country. He further observes that the passing of the Bill couldn’t have come at a better time than now when concerted efforts are being made at all levels to overcome issues of armed banditry, kidnapping and other heinous crimes across the Country.
The IGP therefore thanks all stakeholders that helped in mobilizing supports for the passage of the Bill, especially, the Civil Society Organizations (CSOs), Human Rights Groups, Non-Governmental Organizations (NGOs), the Media, the Traditional Rulers Council of Nigeria amongst others.
DCP FRANK MBA
FORCE PUBLIC RELATIONS OFFICER
FORCE HEADQUARTERS
ABUJA.
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