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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ICPC SENSITIZES MANAGEMENT STAFF OF THE BAUCHI STATE BOARD OF INTERNAL REVENUE SERVICE.(PHOTO).#PRESS RELEASE.

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ICPC sensitizes Management Staff of the Bauchi State Board of Internal Revenue Service

The Bauchi State office of the Independent Corrupt Practices and Other Related Offences Commission (ICPC) has charged management staff of the Bauchi State Board of Internal Revenue Service to imbibe the tenets of integrity and transparency and be accountable in every business that concerns their official responsibilities.

This charge was given by Mr. Mohammad Baba Fika, an officer of the ICPC Bauchi office during a sensitization and mobilization session carried out with the Board of Internal Revenue Service, Bauchi State to rub minds on how to tackle the menace of corruption that has marred every sector of the country recently.

Presenting a paper titled “Integrity Structures and Corruption Prevention Plans for the Bauchi State Board of Internal Revenue Services” Mr. Baba Fika took the management through the brief history of the Commission, offences and punishment under the ICPC Act as well as some achievements of the Commission. 

The Executive Chairman of the Board, Alh. Ahmed B. Jibril in his remarks commended the Commission especially the Bauchi State office for the initiative to sensitize the management and staff of the Board. 
He affirmed that their management agreed to be sensitized first as the drivers of the policies of the Board before other categories of staff. 

He appreciated the paper presented by the Commission and promised to institutionalize the integrity structures and corruption prevention mechanism recommended in the paper and admonished the management staff to live above board in the discharge of their duties and manage their subordinate officers. 


 

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