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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NIGERIA,INDIA AGREE TO BLOCK PIPELINE OF ILLICIT DRUG FLOW AS NDLEA, NCB SIGN MOU. (PHOTOS).#PRESS RELEASE.

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Nigeria, India agree to block pipeline of illicit drug flow as NDLEA, NCB sign MoU

Tough time awaits traffickers of illicit drugs between Nigeria and India with a historic signing of a Memorandum of Understanding between the National Drug Law Enforcement Agency, NDLEA and the Narcotics Control Bureau of India in Abuja on Wednesday 14th June 2023.

Chairman/ Chief Executive Officer of NDLEA, Brig. Gen. Mohamed Buba Marwa (Retd) who signed the MoU on behalf of Nigerias premier anti-narcotics Agency said the move represents a robust partnership in the effort to exterminate incidences of drug abuse and illicit drug trafficking in the two countries.

According to him, this bold step taken by the two agencies is an affirmation of our foresight and commitment to the task of ensuring the safety of our citizens and the global community at large. Todays development constitutes a fundamental step towards positioning the two countries, India and Nigeria, at the forefront of confronting and dismantling transnational drug trafficking networks with brazen capabilities of outmaneuvering legitimate drug law enforcement.

With our understanding of the changing dynamics of the illicit drug problems, locally and globally, every major organisation around the world working assiduously to curb the menace knows that working with partners greatly helps in addressing the trafficking and abuse of narcotic and psychotropic substances. The governments of both countries remain committed to eradicating the problem posed by illicit substances, notably synthetic opioids and Amphetamine Type Stimulants (ATS) which pose a potent threat to our citizens.

While acknowledging the courage exhibited by the two agencies in the course of past meetings that culminated in the MoU, Marwa stressed that the partnership will impact greatly on efforts to prevent illicit trafficking in narcotic drugs, psychotropic substances, precursor chemicals, and related matters between the two countries.

In his remarks, Indian High Commissioner to Nigeria and Head of the Indian delegation, Ambassador Shri G. Balasubramanian who signed on behalf of his country, noted the enormous negative impact of drugs on global financial and political systems, adding that proceeds of drug trafficking are often directed towards terrorism financing. 

The Indian high commissioner observed that drug trafficking does not only affect the health of the individual that consumes it but equally the economy of the country as well as national security. He advised that both countries should take advantage of their similar demographic advantage to address substance use problems. He noted that the liberal trade relations and educational advantages enjoyed by both countries has been negatively applied to further criminal drug trade, urging that all hands must be on deck to ensure that merchants of death do not succeed in their evil trade. He pledged the commitment of the Indian Government to ensure the enforcement of the provisions of the MoU.

Femi Babafemi
Director, Media & Advocacy
NDLEA Headquarters Abuja
Wednesday 14th June 2023

Photo caption 1: Chairman/Chief Executive Officer of NDLEA, Brig. Gen. Mohamed Buba Marwa (Retd.) CON, OFR, exchanging copies of a Memorandum of Understanding between the Narcotics Control Bureau of India and the National Drug Law Enforcement Agency, NDLEA of Nigeria with the Indian High Commissioner to Nigeria and Head of Delegation, Shri G. Balasubramanian, during the signing of the MoU at the Agencys National Headquarters in Abuja Wednesday, 14th June 2023.

Photo caption 2: Chairman/Chief Executive Officer of NDLEA, Brig. Gen. Mohamed Buba Marwa (Retd.) CON, OFR, and the Indian High Commissioner to Nigeria and Head of Delegation, Shri G. Balasubramanian, (m) flanked by officials of the High Commission after the signing of a Memorandum of Understanding between the Narcotics Control Bureau of India and the National Drug Law Enforcement Agency, NDLEA of Nigeria at the Agencys National Headquarters in Abuja, on Wednesday, 14th June 2023

Photo caption 3: Chairman/Chief Executive Officer of NDLEA, Brig. Gen. Mohamed Buba Marwa (Retd.) CON, OFR, welcomes the Indian High Commissioner to Nigeria and Head of Delegation, Shri G. Balasubramanian, to the signing of a Memorandum of Understanding between the Narcotics Control Bureau of India and the National Drug Law Enforcement Agency, NDLEA of Nigeria at the Agencys National Headquarters in Abuja, on Wednesday, 14th June 2023


More photos below. 






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