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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ANTI OIL THEFT OPERATIONS: TROOPS DESTROY MASSIVE ILLEGAL REFINERY IN DELTA STATE.(PHOTOS).#PRESS RELEASE

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ANTI OIL THEFT OPERATIONS: TROOPS DESTROY MASSIVE ILLEGAL REFINERY IN DELTA STATE



Troops of 6 Division Nigerian Army have continued to crack down on  saboteurs of Nigeria's oil sector in South South Nigeria. 


On 23 August 2023, troops conducting anti oil theft operations, responding to actionable intelligence swooped on an illegal oil refinery site in the general area of Ogbokoko and Atu in Warri South Local Government Area of Delta State. During the operations, troops destroyed 8 active Ovens used for illegal refining of stolen crude oil,  14 storage reservoirs containing stolen crude oil estimated  at 200,000 litres and 90,000 litres of locally refined Automotive Gas Oil (AGO). 


The oil thieves fled the scene, on sighting the advancement of troops. The Illegal refining site was destroyed in-situ in line with extant guidelines of Operation Delta Safe. Investigation is ongoing to arrest the fleeing criminals.


Members of the public are please implored to report any suspected act of sabotage or criminality to security agencies to enhance ongoing operations to curb  economic sabotage in the country.


ONYEMA NWACHUKWU

Brigadier General

Director Army Public Relations

24 August 2023.

More photos below. 






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