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

PTML CUSTOMS COMMAND RECORDS 29% REVENUE INCREASE, GENERATES N239B IN 9 MONTHS. (PHOTOS). #PRESS RELEASE.


 PTML Customs Command Records 29% Revenue Increase, Generates N239B in 9 Months

...Uncovers Concealed Weapons, Ammunition in Imported Vehicle


The Nigeria Customs Service Port & Terminal Multi-Services Limited (PTML) has recorded a 29 percent increase in its revenue generation figure from January to September 2024, compared to last year.


Speaking to pressmen on Wednesday, 16 October 2024, the Customs Area Controller, Comptroller Tenny Daniyan, stated that the generated sum of N239,233,530,265.48 had its highest and most impressive monthly collection of N33bn in July 2024. 


His words, "That record is the highest collected by the command this year so far, and we are optimistic about surpassing it before the end of the year, as positive signs indicate the result of constant review and evaluation of our revenue collection mechanism."


Speaking further, Daniyan said the dispute resolution committee's strategic approach in handling trade disputes has helped sustain the two-hour record-breaking clearance time for compliant RoRo cargoes. 


He appealed to stakeholders on the need for compliance and to take advantage of products put in place by the Comptroller General of Customs (CGC).


On anti-smuggling, the CAC disclosed that the command made seizures with a total duty paid value of N28,478,034.76


The items include 260 ammunition, 2 pistols, empty shells and cartridges of different types, 2,598 pieces of used motorcycles, 6 pieces of used fridges, 8 pieces of used rug carpets, 2 pieces of used mattresses, 2 bags containing used clothes, shoes, and bags. 


Some of the items were handed over to the representative of Nigeria Environmental Standards and Regulation Enforcement Agency (NESREA), as directed by the CGC.


The CAC further commended compliant private sector stakeholders for their collaboration while also appreciating officers & men of the service for their resilience & professionalism in discharging their duties.

More photos below. 













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