INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

Image
  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

GOV. NAMADI APPOINTS ADAMU SABO AS JISEPA MANAGING DIRECTOR. (PHOTO).


Gov Namadi Appoints Adamu Sabo as JISEPA Managing Director

Governor Umar Namadi of Jigawa state has approved the appointment of Adamu Sabo as the new Managing Director, Jigawa State Environmental Protection Agency JISEPA.

This was contained in a statement signed by the Secretary to the Government of Jigawa State, Malam Bala Ibrahim in Dutse, the Jigawa State Capital. 

The appointment of the new Managing Director followed the retirement of the former Managing Director, Engineer Ahmed Lawal from service on 24th December, 2023.

Until his appointment, Adamu Sabo, is the Director Environmental Health and is also currently running the affairs of the Agency in acting capacity.

The statement explains that the appointment of the appointee is based on merit, competence and personal integrity. 

It says that Adamu Sabo became a part of the State Civil Service in 1998 as an Environmental Health Officer. He was seconded to UNICEF/Deloitte, serving as a UNICEF WASH Consultant from 2017 to 2022.

The statement urges the new Managing Director to leverage his experience and work diligently for the sound execution of this administration's policies and programs.



 

Comments

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

SSANU, NASU THREATEN STRIKE OVER WITHHELD SALARIES. (PHOTO).