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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FG UNCOVERS 1,617 CIVIL SERVANTS WITH FAKE EMPLOYMENT LETTERS. (PHOTO).

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FG uncovers 1,617 civil servants with fake employment letters

The Head of Civil Service of the Federation, Folashade Yemi-Esan, Tuesday said that a total of 1,618 civil servants with fake employment letters were uncovered by the government.

She also noted that the government was working towards an upward review of the Duty Tour Allowances of civil servants.
Speaking with selected journalists in Abuja ahead of the 2023 Civil Servants Week, she noted that a committee was working towards salary harmonization in the civil service.

“The Presidential Committee on Salary Harmonization is working to review salaries to reduce the disparity. Earlier, 40 per cent of Basic salary approved by FEC as Peculiar allowance with effect from January 2023. Also, we are working towards Upward Review of Staff Duty Tour Allowance.

“On the issue of procurement of insurance cover for the federal government employees from 9th February 2023 to 8th February 2024; and payment of backlog of death benefits to over 1500 deceased officers to their beneficiaries from 2021 to date. On the third pillar of FCSSIP 25, the Office of the Head of Service has been working towards the implementation of HR Module of IPPIS with a view to bridging the identified gaps in the system. As you are aware, prior to the introduction of the current mechanisms put in place to drive the implementation of the IPPIS, the system was bedevilled with considerable leakages and wastes as well as the incessant infiltration of ‘ghost workers’ etc.

 

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