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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STAFF OF CONSUMER PROTECTION COUNCIL (CPC) CAUTIONED NOT TO COMPROMISE ON THE STANDARD AND QUALITY OF GOODS AND SERVICES.(PHOTOS).#PRESS RELEASE.

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Staff of Consumer Protection Council (CPC) Cautioned not to Compromise on the Standard and Quality of Goods and Services

                                                                  

Staff of the Consumer Protection Council (CPC), Imo state have been cautioned not to compromise on the standard and quality of goods and services but always uphold a high level of integrity and professionalism in carrying out their official duties, so as to eliminate the scourge of consumer rights abuse in the Nigerian marketplace and reduce corruption in the sector.


This warning was contained in the presentation made by an Assistant Commissioner of the Independent Corrupt Practices and Other Related Offences Commission (ICPC) Imo state, Mrs. Chinwe Egbeocha, at a sensitization programme organised for the staff of the organization in their conference hall recently.


Mrs. Egbeocha noted that adherence to service standards is an integral aspect of any thriving society deeply rooted in the rule of law and accountability. She pointed out that the Consumer Protection Council (CPC) occupies a significant position in the scheme of things because they manage an essential sector of the economy that is vital to the standard of living in the country, and the way they discharge their responsibilities would touch majority of the Nigerian consumers.

More photos below.







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