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

NIGERIAN ARMY TROOPS NEUTRALIZE SCORES OF BANDITS IN FIERCE ENCOUNTER, RECOVER ARMS AND AMMUNITION .{PHOTO}.#PRESS RELEASE

Troops of 8 Division Nigerian Army (NA), while on a fighting patrol, came under fire of bandits operating along Mayanchi-Dogo Karfe and Fagantama villages in Talata Marafa LGA of Zamfara State. In the fierce encounter that ensued, the bandits were overwhelmed by the superior firepower of the troops. This led to  scores of bandits being neutralized. The troops also recovered one PKT riffle, large cache of ammunition, and a motorcycle. 


Relatedly, troops have neutralized 5 bandits in another encounter at Bingi village, in Bungudu LGA of Zamfara. During the gun duel, the bandits withdrew in disarray having sustained  severe gun shot  wounds. The gallant troops recovered one AK 47 riffle, one Motorcycle and 3 mobile phones from the routed criminals. 


While appreciating the combat resilience and renewed vigor of the troops, the Chief of Army Staff, Major General Faruk Yahaya urged them to sustain the aggressive posture in order to defeat all criminal elements operating in the North West and other parts of the country. He urged communities in the North West to support the troops with useful information at all times to enhance anti- banditry operations.


ONYEMA NWACHUKWU

Brigadier General

Director Army Public Relations

26 June 2021

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