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 UNCOVER ILLEGAL OIL BUNKERERS' CAMP IN IMO AND DELTA STATES, INTERCEPT BOAT, VEHICLE LADEN WITH ILLEGAL OIL PRODUCTS.(PHOTOS).#PRESS RELEASE

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ANTI OIL THEFT OPERATIONS: TROOPS UNCOVER ILLEGAL OIL BUNKERERS' CAMP IN IMO AND DELTA STATES, INTERCEPT BOAT, VEHICLE LADEN WITH ILLEGAL OIL PRODUCTS


Troops of the Nigerian Army have continued to crack down on  saboteurs of Nigeria's oil sector in Southern Nigeria. 

Troops of 343 Artillery Regiment conducting anti oil theft operations on Monday 28 August 2023 cracked down on an oil thieves' camp in Obokofia Community in Imo State. In the crackdown, the vigilant troops intercepted 15 sacks and 13 Jerry cans of illegally refined Automotive Gas Oil (AGO) concealed in the camp. The troops also recovered two Pumping machines, three power generators, one hose and a tool box used for hacking into oil pipelines.

In a similar operation, also conducted on 28 August 2023, troops of 3 Battalion clamped down on an active illegal oil refining site containing three cooking ovens and six reservoirs at Enokora Community in Burutu Local Government Area of Delta State. 

Acting on credible information, troops conducting anti oil theft operations,  on 29 August 2023, intercepted a wooden boat loaded with 110 sacks of illegally refined AGO concealed in the creeks of Egbema West in Ohaji Egbema Local Government Area of Imo State. The vigilant troops equally intercepted two vehicles  loaded with 18 sacks of illegally refined AGO within the same general area.

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
30 August 2023.
More photos below. 





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