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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UPDATE: SUSPENSION OF AIR OPERATOR CERTIFICATE OF DANA AIR. (PHOTOS). #PRESS RELEASE.

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 OFFICE OF THE DIRECTOR GENERAL CIVIL AVIATION


NCAA/DGCA/DANA/1/24/001


24th April, 2024


The Accountable Manager, Dana Airlines Limited Dana House 116 Oshodi-Apapa Expressway Isolo, Lagos.


SUSPENSION OF AIR OPERATOR CERTIFICATE OF DANA AIR


The above subject matter refers, please.


Subsequent to the runway excursion involving your MD-82 aircraft with registration marks 5N-BKI at Murtala Muhammed International Airport on 23rd April, 2024, the Authority is awaiting the preliminary report of the investigation launched by the Nigerian Safety Investigation Bureau (NSIB).


While the NSIB is conducting the safety investigation, the NCAA has initiated an in- house compliance assessment of this occurrence taking into account previous occurrences involving DANA Air aircraft. This is in a bid to establish any trend which must be nipped in the bud in the interest of the safety and well-being of our citizens and travellers.


Furthermore, the Honourable Minister of Aviation and Aerospace Development in sharing the concerns of the Authority has thrown his weight behind the need for swift measures to be taken to address pertinent safety and economic issues that may underpin some of these occurrences.


As à precautionary step, and in accordance with Sec 31 (7) of the Civil Aviation Act 2022, the Authority has imposed a suspension on your Air Operator Certificate (AOC) with effect from 24th April, 2024 at 23:59 to allow for a thorough safety and economic audit. The safety audit will entail a re-inspection of your organization, procedures, personnel and aircraft as specified by Part 1.3.3.3 of the Nigeria Civil Aviation Regulations, while the economic audit will critically examine the financial health of your airline to guarantee its capability to sustain safe flight operations.


Please this is for your compliance.


Capt. Chris Najomo Ag. Director General of Civil Aviation. 

One more photo below. 


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