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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POOR LIVING CONDITION: NIGERIAN LAWMAKERS ASK FG TO SELL ALL POLICE BARRACKS IN THE COUNTRY. (PHOTO). IS THAT THE SOLUTION TO THEIR POOR LIVING CONDITION?

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Poor living conditions: Nigerian lawmakers ask FG to sell all police barracks in the country

The House of Representatives has called for the sake of police barracks across the country to tackle the deplorable living conditions of officers.

The resolution by the House comes after the adoption of a motion of urgent public importance by Murphy Omoruyi (LP-Edo) during plenary in Abuja on Thursday, October 26.

Leading the debate, Mr Omoruyi said that the National Assembly passed the Police Reform Bill 2020, which was signed into law by former President, Muhammadu Buhari on 16 September 2020.

He said that one of the core issues of the Act was to address the living conditions of the nation’s police officers.

He said, “Between 2019 – 2022 more than N5 billion was spent by the Federal Government on renovation of barracks.”

Mr Omoruyi said that all efforts made to rehabilitate the barracks failed.

He said there had been robust national debate and calls for more community-oriented policing strategies.


 

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