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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POLICE BOSS CONDEMNS ALLEGED EXTORTION OF OFFICERS FOR PROMOTION.(PHOTO).#PRESS RELEASE

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 POLICE BOSS CONDEMNS ALLEGED EXTORTION OF OFFICERS FOR PROMOTION



As IGP Rolls Out Help Lines, Warns Against Unethical Acts


The Nigeria Police Force is gravely concerned by reports of alleged extortion and unethical conduct surrounding the ongoing promotion interviews for Inspectors aspiring to the rank of Assistant Superintendent of Police. Such behavior undermines the core values of our institution and will not be tolerated.


The Inspector-General of Police, IGP Kayode Adeolu Egbetokun strongly condemns any form of corruption in the promotion process and urges all officers to report any instances of misconduct promptly and directly to the IGP through the dedicated hotline at 09077120194 or to the Force Public Relations Officer (FPRO) at 08037168147.


In light of these allegations, the Nigeria Police Force reaffirms its commitment to transparency and accountability in all promotion procedures. Any officer found engaging in corrupt practices for personal gain will face severe disciplinary measures. All officers are urged to maintain ethical standards and work collectively to uphold the integrity and credibility of the Police Force.


ACP OLUMUYIWA ADEJOBI

FORCE PUBLIC RELATIONS OFFICER

FOR: 

INSPECTOR-GENERAL OF POLICE

4TH JUNE, 2024

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