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

POLICE INSURANCE SCHEME: IGP FLAGS-OFF DISTRIBUTION OF OVER 535 MILLION TO 68 NEXT OF KINS OF DECEASED OFFICERS.(PHOTOS).#PRESS RELEASE


POLICE INSURANCE SCHEME: IGP FLAGS-OFF DISTRIBUTION OF OVER 535 MILLION TO 68 NEXT OF KINS OF DECEASED OFFICERS 


Promises Better Welfare, Commends Dedication, Sacrifice of Officers and Men

The Acting Inspector-General of Police, IGP Kayode Adeolu Egbetokun, Ph.D., NPM, has flagged off the distribution of cheques to cover Insurance benefits to next-of-kins of officers who paid the supreme price and those who have suffered permanent deformities in the course of discharging their lawful duties. The total sum of cheques presented to Sixty-Eight (68) families of deceased officers and those injured or rendered disabled in the line of duty captured under the Group Life Assurance 2022/2023 Policy Year amounts to Five Hundred and Thirty-Five Million, Six Hundred and Eighteen Thousand, Seven Hundred and Eighty-Eight Naira Forty-Four Kobo (N535,618,788.44).

The IGP reiterated that the Nigeria Police Force under his watch firmly believes that human life is valuable, and prioritizes the well-being of officers and men of the Force. He stressed that his leadership will promptly fulfill the obligation of providing insurance and other benefits to all police personnel who have sacrificed immensely for our beloved country by providing comprehensive welfare support aimed at creating an environment where every officer feels valued, protected, and motivated to give their best in service to our nation.

Similarly, the IGP received the sum of Seventy Million Naira (N70,000,000.00) from Anchor Insurance Company Limited as a contribution for rebuilding the Kano State Command Headquarters, which suffered extensive damage due to a devastating fire incident on the 14th of January 2023. The IGP noted that the significant financial support will aid in restoring the command's infrastructure, bolstering its operational capabilities, and ensuring efficient and effective policing services to the residents of Kano State.

The Inspector-General of Police, while recognizing the incredible resilience and unwavering commitment of the men and women who have served, and those who continue to serve on the front lines, extended his deepest gratitude to the gallant officers of the Nigeria Police Force for their commendable dedication, sacrifice, and unalloyed allegiance to upholding the values of justice and security. He reiterated that their loss and injuries leave a void that can never be filled, but their legacies will forever live on in the hearts of those they touched.

CSP OLUMUYIWA ADEJOBI, mnipr, mipra,
FORCE PUBLIC RELATIONS OFFICER,
FORCE HEADQUARTERS,
ABUJA

July 14, 2023.
More photos below. 




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