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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CUSTOMS LAGOS INDUSTRIAL COMMAND ROLLS OUT ACHIEVEMENT IN 7 MONTHS. (PHOTOS). #PRESS RELEASE.

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 Customs Lagos Industrial Command Rolls Out Achievements in 7 Months 


Newly promoted Assistant Comptroller-General of Customs Nsikan Umoh, who was before now in charge of Lagos Industrial Command has highlighted the achievements of the command within 7 months.


In her valedictory press briefing at the command, on Friday, 17 May 2024, ACG Umoh announced that the command collected revenue to the tune of N17 billion. 


She explained that the revenue generated was between October 2023 to April 2024.


According to her, "The monthly generated revenue collection from November 2023 has been averagely between 2.4 billion to 2.5 billion. With overwhelming support and cooperation of traders, brokers, and our dedicated officers, we were able to generate N4,251,165,917.07 in the month of April which is the highest recorded in about two decades."


Speaking on other achievements, ACG Umoh stated that five factories are currently undergoing documentation for excise control. 


She appreciated stakeholders for a fruitful experience while also attributing the successes recorded under her watch due to diligence and consistent engagement with stakeholders.


Stakeholders at the event commended the ACG for her effort during her short time at the command. Ike Emeka, Managing Director for Masterpiece Nigeria Limited said, "Aside her encouragement which helps us grow, she will let you know when and how to do more.".

More photos below. 






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