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

NIGERIAN ARMY ARRESTS PERSONNEL IN POSSESSION OF ILLEGAL AMMUNITION, GRENADE IN MAIDUGURI. (PHOTOS). #PRESS RELEASE.



 NIGERIAN ARMY ARRESTS PERSONNEL IN POSSESSION OF ILLEGAL AMMUNITION, GRENADE IN MAIDUGURI



The Nigerian Army (NA)  in its commitment to uphold the highest standards of conduct and ethics expected of its personnel has apprehended a personnel  for illegal possession of ammunition and explosives during a routine search operation by  the Military Police K9 Team, at the Borno Express Terminal in Maiduguri, Borno State.


The soldier, Lance Corporal Mubarak Yakubu was found in possession of 756 rounds of 7.62 mm special ammunition and four 36 hand grenades, ingeniously concealed within a small bag of rice. This arrest underscores Nigerian Army's zero-tolerance policy towards any form of illegal activity or contravention of military regulations by its personnel.


Preliminary investigation has revealed that the soldier had been de-inducted from active theatre operations in March 2024 and was undergoing de-induction training at the Nigerian Army School of Infantry. The soldier was on a welfare pass from Jaji to Kaduna and Adamawa from April 30, 2024, to May 13, 2024, when the arrest took place.


The NA wishes to assure the public that it will continue to act decisively to maintain discipline within its ranks and ensure the security of all Nigerians. The soldier in question is currently in custody and a thorough investigation has commenced to ascertain the full circumstances surrounding this incident and to apply the appropriate disciplinary measures.


This proactive measure by the Military Police K9 Team reflects  Nigerian Army's relentless vigilance and its proactive approach to enforcing compliance with military laws and regulations. The Nigerian Army remains committed to its role as a professional military organization dedicated to the service of our nation and the protection of its citizenry.


ONYEMA NWACHUKWU

Major General

Director Army Public Relations

9 May 2024.

More photos below. 






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