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

NO APPOINTMENT OF ACTING CHIEF OF ARMY STAFF, SAYS DHQ. (PHOTO).


 No appointment of acting Chief of Army Staff, says DHQ


The Defence Headquarters (DHQ) said it has not appointed any senior officer as acting Chief of Army Staff (COAS).

It said such an appointment doesn’t exist within the Armed Forces.

The clarification came after reports in some online platforms and social media about the alleged demise of the COAS, Lt.-Gen. Taoreed Lagbaja.

The Nigerian Army authority clarified on Saturday that Lt.-Gen. Lagbaja was on leave and receiving medical check-ups abroad.

 It explained that before the COAS proceeded on leave, necessary protocols were put in place for the Chief of Policy and Plans (Army), Major General Abdulsalami Bagudu Ibrahim, to act on his behalf, stating there was no leadership vacuum as speculated in some quarters.

The DHQ in a statement by the Director Defence Information, Brig-Gen. Tukur Gusau, on Monday, explained that the Chief of Policy and Plans is only “providing routine briefs to the COAS in accordance with standard military procedures,” and not the acting COAS, adding that such appointment doesn’t exit in the military.  

The statement reads: “The Defence Headquarters (DHQ) wishes to clarify that it has not announced the appointment of any senior officer as the acting Chief of Army Staff (COAS), contrary to speculation by certain media outlets. For the record, no such appointment exists within the Armed Forces of Nigeria (AFN).

“The Chief of Army Staff, Lieutenant General Taoreed Lagbaja, is currently on a well-deserved rest as part of his 2024 annual leave. The Armed Forces of Nigeria is professionally managed and all the Service Chiefs are performing their duties as stipulated in the Constitution of the FGN. Major General Abdulsalam Bagudu Ibrahim, the Chief of Policy and Plans, is providing routine briefs to the COAS in accordance with standard military procedures.

“The DHQ urges individuals spreading unfounded rumours to desist from doing so immediately. The COAS is hale and hearty and will soon resume normal duties at the end of his leave.

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).