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

FRSC BOARD APPROVES THE DISMISSAL OF 8, TERMINATION OF APPOINTMENT OF 10 AND OTHER PUNISHMENTS FOR 10 OTHER OFFICERS .{PHOTO}.#PRESS RELEASE.

 FRSC workers get N3 billion mortgage loan — Property — The Guardian Nigeria  News – Nigeria and World News

       As part of organised effort to rid the Federal Road Safety Corps of indiscipline and corrupt elements, the Board, Federal Road Safety Commission has granted approval for the award of various degrees of punishment to 28 officers of the Corps in accordance with the provisions of the FRSC Regulation on Discipline. The officers had been found culpable for desertion, forgery, number plate racketeering, bribery, scandalous behaviour, drivers license racketeering, patrol misconduct, among others.

According to Bisi Kazeem, the Corps Public Education Officer, the approval which reaffirms the Corps' resolve to align with the anti corruption policy of the President Muhammadu Buhari led administration was granted during the meeting of the Board on Friday, 4th September, 2020.
According to him, the sanctions consist of 8 Dismissals, 10 Termination of Appointments, 5 Reduction in Ranks and 5 Loss of Seniority.
While reemphasizing the need for personnel to desist from any act of indiscipline, the Board Chairman, Barrister Bukhari Bello revealed that the disciplinary actions are to serve as deterrent to others who may form the habit of contravening established regulations and tarnishing the good image of the Corps.
In the same vein, the Corps Marshal, Dr Boboye Oyeyemi re-stated that his administration will continue to operate on the tripod of Consultation, Reward and Punishment as he called on staff to internalize the ideals of the founding fathers whose drive and commitment were geared towards saving lives.
It will be recalled that since the inception of the leadership of Dr Boboye Oyeyemi, as the Corps Marshal, the Federal Road Safety Corps has ensured the entrenchment of discipline among its personnel with continuous clamp down on corrupt elements while a reasonable number of staff have received different punishments for misconducts and in the same vein, many staff have been commended and appreciated for disciplined and exemplary conducts.
FRSC workers get N3 billion mortgage loan — Property — The Guardian Nigeria  News – Nigeria and World News

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).