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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PRESIDENT TINUBU COMMENDS MILITARY ON SUCCESSFUL OPERATIONS IN NORTH-WEST, PLEDGES SUSTAINED SUPPORT. (PHOTO). #PRESS RELEASE.

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 STATE HOUSE PRESS RELEASE


PRESIDENT TINUBU COMMENDS MILITARY ON SUCCESSFUL OPERATIONS IN NORTH-WEST, PLEDGES SUSTAINED SUPPORT


President Bola Tinubu receives with relief the news of the strings of successful operations against security threats in the north-west by troops of the Nigerian military.

 

He says the success of the operations gives further assurance that our security operatives are up to the task of  ensuring the peace and security of the nation.

 

Troops of Operation Hadarin Daji, on Thursday, neutralised a wanted bandit leader, Halilu Sububu, who had been unleashing terror on citizens in Zamfara, Sokoto, and other parts of north-western Nigeria. The troops also killed  another terrorist Sani Wala Burki in a Joint Operation in Katsina, and  busted a terrorist enclave in Kaduna, where 13 kidnapped students were freed.

 

The successful operations follow the President's directive to the service chiefs to relocate to the zone until normalcy is restored. 

 

President Tinubu commends the military high command, the intelligence agencies, and the troops for their valiant efforts, synergy, and dedication, which have resulted in the recent laudable outcomes.

 

The President also commends the entire security apparatus for the improved security in the nation and enjoins them to sustain their efforts until immediate and latent threats are permanently removed.

 

President Tinubu reassures the security agencies of his continued support in achieving the priority objective of keeping the nation safe and secure.

 

Bayo Onanuga 

Special Adviser to the President 

(Information & Strategy)

September 14, 2024

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