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Showing posts from January 28, 2023

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

IGP INVALIDATES EXISTING POLICE COMMUNITY RELATIONS COMMITTEE (PCRC) IDENTITY CARD.(PHOTO).#PRESS RELEASE.

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PRESS RELEASE IGP INVALIDATES EXISTING POLICE COMMUNITY RELATIONS COMMITTEE (PCRC) IDENTITY CARD …Approves redesign of new  IDs, Membership Screening The Inspector-General of Police, IGP Usman Alkali Baba, psc(+), NPM, NEAPS, fdc, CFR, has invalidated the existing Police Community Relations Committee (PCRC) Identity Card with effect from December 2022. This is in line with the IGP’s zeal to sanitize and standardize all sectors including the Police Community Relations Committee. The IGP has also ordered the redesign and re-issuance of new PCRC ID cards from the Force Headquarters, Abuja, and through judicious screening of membership across board. The Inspector-General of Police hereby directs all eligible members of PCRC nationwide to contact the offices of the various Zonal, Command and Formations PCRC Chairmen as well as the Police Public Relations Officers (PPROs) of their Zones, Commands and Formations respectively to obtain new forms for processing the newly approved ID Card. The I