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

GOVT, SECURITY FORCES DELIBERATE ON TACKLING ILLEGAL MINING IN NIGERIA. (PHOTOS). #PRESS RELEASE


 PRESS RELEASE

Government, Security Forces Deliberate on Tackling Illegal Mining in Nigeria


...as Technical Committee Meets in Abuja


In line with the frantic efforts of the President Bola Ahmed Tinubu-led Federal Government of Nigeria, to emplace sanity in the country's mining sector, the technical committee charged by the Federal Government to set up a joint taskforce, convened on Tuesday 30th January, 2024, at the instance of the IGP in Abuja, to address the challenges posed by illegal mining in Nigeria. 


The Committee meeting, which was held at the Police Force Headquarters, had in attendance the representatives from the Armed Forces, Police, NSCDC, Ministry of Solid Minerals, Environment, and other relevant Ministries, Departments, and Agencies.


The mandate of the proposed Taskforce is multifaceted, aiming to curb illegal mining activities perpetrated by both foreigners and Nigerians. 


Key objectives include enhancing security in mining areas, enforcing mining laws, ensuring proper warehousing and monitoring of explosives, and advancing environmental sustainability in our mining operations.


The Nigeria Police Force, security forces, and other MDAs remain steadfast in supporting the agenda of the Federal Government, in the quest for economic recovery and growth as well as socio-political development of Nigeria. 


ACP OLUMUYIWA ADEJOBI, mnipr, mipra, fCAI 

Force Public Relations Officer 

31st January, 2024.

More photos below. 




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