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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UNMANNED AERIAL VEHICLE VIDEO CLIP NOT PART OF NIGERIAN MILITARY’S INVENTORY.{PHOTO}.#PRESS RELEASE.

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   The attention of the Nigerian Army has been drawn to a video clip-containing photograph of an alleged Unmanned Aerial Vehicle (UAV) bought by the Nigerian military. The clip was produced, uploaded by Njenje Media TV on its YouTube channel, and circulated through whatsApp and other social media platforms. In it, they showed a photograph of group of persons with the equipment, which they compared it to those ostensibly, owned by other nations including some of our African neighbours. This is far from the truth. Therefore, it should be disregarded in its entirety.
Apart from questioning the motive of this mischievous falsehood, it is imperative to state that the Nigerian military has far more sophisticated UAV and equipment than what the medium is broadcasting. This account for the tremendous success in the fight against terrorism, insurgency and banditry in the country. It will be recalled that the Nigerian Air Force has designed and produced far more superior and sophisticated UAVs and other platforms such as “Gulma” and “Tsaigumi” than what the medium was showing. Additionally, the Nigerian Army has just commissioned an aviation hangar in Jaji, Kaduna State for its Aviation Corps. Another hangar and runway in Bama, Borno State, are on the way where bigger and far more sophisticated UAVs will be deployed and used.
It is important to also state that the African countries mentioned in the clip are not in anyway compared to Nigeria in military technology, equipment and platforms as they do not have UAVs as alleged, rather an American military base on their soil.
SAGIR MUSA
Colonel
Acting Director Army Public Relations
No photo description available.

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