INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

Image
  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 BAN DURBAR ACTIVITIES DURING EID-EL-KABIR IN KANO. (PHOTO).


 Police ban durbar activities during Eid-el-Kabir in Kano


The police command in Kano has banned all durbar activities in the state during the Eid-El-Kabir celebration.


The Sallah celebration is expected to take place on June 17.


A durbar is a festival held during Eid-el-Kabir and Eid-el-Fitri celebrations. It begins with prayers, followed by a parade of the Emir and his entourage on horses.


In a statement on Thursday, Abdullahi Kiyawa, police spokesperson in Kano, said the ban is to ensure the safety of lives and properties in the larger community during the celebration.


He said worshippers should conduct their normal Eid prayers at designated praying grounds.


“The Kano State Police Command congratulates the Muslim faithful and all law-abiding residents of the state for witnessing yet another Eid-El-Kabir Sallah period and assures that adequate security deployments have been put in place to ensure no breakdown of law and order in all parts of the state before, during, and after the festive period,” the statement reads.


“This is part of the commitment to the sustenance of the peace by the Kano State Police Command in conjunction with all the relevant security stakeholders.


“In furtherance, a ban has been placed on ALL DURBAR activities throughout the state for the upcoming Eid-El-Kabir celebrations. This measure is taken as a result of a series of security reports obtained and wide consultations made with relevant security stakeholders to ensure the safety of the larger community.”

Comments

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

SSANU, NASU THREATEN STRIKE OVER WITHHELD SALARIES. (PHOTO).