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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COAS COMMISSIONS OFFICIAL RESIDENCE OF 1 DIVISION RSM.(PHOTOS).#PRESS RELEASE.

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COAS COMMISSIONS OFFICIAL RESIDENCE OF 1 DIVISION RSM

The Chief of Army Staff(COAS), Lieutenant General Faruk Yahaya has commissioned newly completed official residence of the Regimental Sergeant Major (RSM) of 1 Division, Nigerian Army and several other quarters for Senior Non -commissioned Officers in Dalet Cantonment, Kawo, Kaduna. The COAS commissioned the new residential quarters, today Tuesday 25 Jan 2022 during an operational visit to Headquarters 1 Division, Nigerian Army.

Speaking during the commissioning, General Yahaya averred that RSMs are very vital in the management of soldiers and play the crucial role of inculcating discipline, as well as promoting ethos, traditions and doctrinal values of the Nigerian Army, amongst personnel in formations and units. He acknowledged that service discipline and experiential knowledge imbibed from RSMs by soldiers, build the foundation of trust and confidence, which enhance stability of formations and units across the Nigerian Army.

The COAS maintained, that commissioning of the buildings is part of his welfare agenda for the RSMs, aimed at restoring the prestige of the office. He later handed over keys of the building to Army Warrant Officer(AWO) Adams Bamidele, the RSM of 1 Division, Nigerian Army.

It will be recalled, that since assumption of office, the COAS has through his Command policies and administration, been boosting troops' morale and reinvigorating their fighting will, with the prompt implementation of welfare policies and dispensation of welfare packages, such as the introduction of welfare flights for troops and their families, in and out of Operational theatres, construction of new accommodation quarters and renovation of dilapidated ones, to solve personnel's accommodation challenges and sponsoring of Wounded in Action officers and soldiers for treatment overseas. He has also presented Hilux vehicles to serving and retired RSMs to restore the dignity associated with the office and empower them to effectively carry out their duties.

ONYEMA NWACHUKWU
Brigadier General
Director Army Public Relations
25 January 2022.
More photos below. 





 

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