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

WE CAN'T AFFORD TO HAVE VIOLENT PROTESTS IN NIGERIA. (PHOTO). #PRESS RELEASE.


 PRESS RELEASE

WE CAN'T AFFORD TO HAVE VIOLENT PROTESTS IN NIGERIA



As Police Boss Rolls Out Negative Effects of Violent Protests


The Inspector General of Police, IGP Kayode Adeolu Egbetokun, Ph.D., NPM, addressed the nation in light of the planned nationwide protests, emphasizing the severe negative effects that violent demonstrations can have on our society. In his address, the IGP highlighted several critical points that underscore the importance of maintaining peace and order during protests.


"It is not only in Nigeria that there is hardship. It is a global meltdown. Is the government doing anything about it? Yes! This is what a responsive government will do," stated the IGP. He stressed that while the current economic challenges are not unique to Nigeria, the government is actively working to mitigate their impact and provide relief to the citizens.


Reflecting on the 2020 EndSARS protest, the IGP remarked, "Where police stations were burnt down, criminals took over. Arms looted were in the wrong hands, and armed robbers took over. Women could no longer walk freely once it is 7pm." He warned that the destruction of police infrastructure leads to a breakdown in law and order, leaving communities vulnerable to criminal activities.


"There are enough lessons to learn from previous violent protests in Nigeria," the IGP continued, urging citizens to remember the chaos and suffering that followed such events. "Serious dangers come with unchecked demonstrations," he added, highlighting the potential for loss of life, property damage, and widespread fear among the populace.


The IGP acknowledged the right to protest, stating, "The right to protest is a right to peaceful protest." He called on all Nigerians to exercise this right responsibly and to avoid actions that could escalate into violence. Peaceful protests, he emphasized, are a powerful tool for expressing grievances and driving change without endangering lives and properties.


In conclusion, the IGP reaffirmed the Nigeria Police Force's commitment to protecting the rights of citizens while maintaining law and order. He urged all Nigerians to cooperate with the Police to ensure that any forthcoming protests are peaceful and orderly.


ACP OLUMUYIWA ADEJOBI 

FORCE PUBLIC RELATIONS OFFICER 

FORCE HEADQUARTERS ABUJA 

29TH JULY, 2024.

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