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

ALLEGED ASSAULT OF NLC PRESIDENT: IGP WADES IN, CHARGES DIG FCID ON THOROUGH INVESTIGATION.(PHOTO).#PRESS RELEASE



PRESS RELEASE


ALLEGED ASSAULT OF NLC PRESIDENT: IGP WADES IN, CHARGES DIG FCID ON THOROUGH INVESTIGATION



Calls for Calm


The Inspector General of Police, IGP Kayode Adeolu Egbetokun, Ph.D., NPM, has ordered investigations into the circumstances surrounding the alleged assault on the person of the President of the National Labour Congress, Comrade Joe Ajaero.


Consequently, he has directed the Deputy Inspector General in charge of the Force Criminal Investigation Department to take over the matter with the primary objective of ascertaining the true facts surrounding the incident and to address any ambiguities that may exist as the Police has been inundated with different versions of the incident making investigations imperative to clear the conflicting accounts.


The Nigeria Police Force understands the importance of transparency and accountability in maintaining public trust. The IGP therefore assures the public, most especially the leadership of the organized labour, that a thorough and unbiased inquiry will be conducted to provide clarifications while urging organized labour and the public to remain calm, as he has personally intervened to address the issues surrounding this incident. 


The investigation has commenced, and the Nigeria Police Force guarantees that it will be followed to a conclusive end, and appropriate actions will be taken based on the findings of the investigation.


ACP OLUMUYIWA ADEJOBI, mnipr, mipra, fCAI,

FORCE PUBLIC RELATIONS OFFICER,

FORCE HEADQUARTERS,

ABUJA


Friday 10th November 2023

 

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