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

POLICE OFFICER SEEN IN VIRAL VIDEO EXTORTING MONEY FROM MOTORISTS IN OWERRI REDUCED IN RANK. (VIDEO/PHOTO). #PRESS RELEASE

 


IMO POLICE COMMAND PRESS RELEASE OF MONDAY, 27TH MAY, 2024.


POLICE OFFICER SEEN IN VIRAL VIDEO EXTORTING MONEY FROM MOTORISTS IN OWERRI REDUCED IN RANK



The Imo State Police Command is issuing this statement in response to a viral video making the rounds on social media where a Police officer was seen extorting money from motorists along Owerri-Onitsha express road. 


The erring officer, identified as Inspector Isong Osudueh, attached to the Counter Terrorism Unit (CTU), Owerri, has been recommended for a reduction in rank after the necessary orderly room proceedings, for exhibiting such a shameful and unprofessional act, while the supervisory officer has been issued an official query for lack of supervision.


The disciplinary actions taken against the erring officer underscore the Command’s unwavering commitment to maintaining the highest standards of professionalism, transparency, and integrity among its personnel, while effectively discharging its lawful duties and entrenching public trust and confidence.


While strongly condemning the embarrassing act, the Commissioner of Police, CP Aboki Danjuma, reiterates that the Command under his watch will not condone any act of extortion or misconduct by its personnel and warns that any supervisory officer who fails to carry out his oversight duties will be severely sanctioned.


To this end, the CP urges the well-meaning residents of the State to continue to support the Police and other security agencies with timely and actionable information in their unwavering commitment to ensuring public safety.


ASP OKOYE HENRY, ANIPR

POLICE PUBLIC RELATIONS OFFICER

FOR: COMMISSIONER OF POLICE

IMO STATE COMMAND

Watch video below. 



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