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

'SEEK PERMISSION BEFORE USING THE NATIONAL ANTHEM'- FG TELLS NIGERIANS. (PHOTO).

 


'Seek permission before using the National Anthem'- FG Tells Nigerians


The Federal Government has urged Nigerians to seek permission before using the national anthem. In a statement released on Wednesday, October 8, the Director General of the National Orientation Agency (NOA), Mallam Lanre Issa-Onilu, said seeking permission was necessary to avoid misinterpretation.


He, however, did not state in what context permission should be sought before the anthem could be sung, or its lyrics could be used.


“As custodians of Nigeria’s national symbols, the NOA is tasked with preventing all forms of misuse. The DG emphasised that permission must be sought from the Agency before using the National Anthem to avoid misrepresentation,” the statement partly read.


He also clarified that the Nigerian flag is simply green, white, and green, with the correct shade of green being Emerald 2.0.


Issa-Onilu explained that previous administrations focused solely on infrastructure development while neglecting the critical role of value orientation, leading to the decline of social intervention structures like the Boys’ Scouts, Girls’ Brigade, WAI Brigade, and even the National Orientation Agency itself.


However, he said the current administration recognised this oversight, with President Tinubu extending his support to the agency.


He also stressed the importance of creating local cartoon content to counter the influx of foreign values being conveyed to young Nigerians.

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).