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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NIGERIAN ARMY HOLDS COAS SECOND QUARTER CONFERENCE 2022.(PHOTO).#PRESS RELEASE.

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NIGERIAN ARMY HOLDS COAS SECOND QUARTER CONFERENCE 2022


The Nigerian Army (NA) is scheduled to commence the Chief of Army Staff (COAS) Second Quarter Conference 2022 from Monday 13 to Friday 17 June, 2022 at the Army Headquarters Command Officers' Mess 1, Asokoro, Abuja.

The five-day conference will afford the NA the opportunity to re-appraise its administrative activities in the past 3 months and retrospectively evaluate all ongoing Nigerian Army operational engagements nationwide, with a view to making projections for the next quarter.

The conference will also provide a platform for the COAS to effectively interact with Field Commanders. This engagement will cover a wide range of activities, including training, operations, administration and logistics. The COAS, Lt Gen Faruk Yahaya is expected to declare the event open on Tuesday, 14 June 2022, after which, there will be series of briefs and presentations. 

Expectedly, participants at the conference will include Principal Staff Officers, Corps Commanders, Operational Commanders amongst others. 

ONYEMA NWACHUKWU
Brigadier General
Director Army Public Relations
10 June 2022

 

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