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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ACTING CHIEF OF ARMY STAFF MAJOR GENERAL OLUFEMI OLUYEDE ASSUMES DUTY. (PHOTOS ). #PRESS RELEASE.

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 ACTING CHIEF OF ARMY STAFF MAJOR GENERAL OLUFEMI OLUYEDE ASSUMES DUTY


The Acting Chief of Army Staff (Ag COAS), Major General Olufemi Oluyede, today, Friday, 1st November 2024, assumed duties at the Army Headquarters, Abuja.


The acting COAS was appointed by the President, Commander-in-Chief of the Armed Forces of Nigeria, Asiwaju Bola Ahmed Tinubu on Wednesday, 30 October 2024, pending the return of the substantive COAS, Lieutenant General Taoreed Lagbaja, who is currently on medical leave.


At the formal taking-over ceremony at the Defence Headquarters, Abuja, the Chief of Defence Staff, General Christopher Musa, emphasized that the appointment aligns with the Armed Forces Act of 2004.


General Musa reminded all field commanders of President Bola Ahmed Tinubu's mandate to the Armed Forces and the tasks at hand. He urged the commanders not to relent in guaranteeing national security and the safety of all Nigerians.


In his remarks, the acting Chief of Army Staff, Major General Olufemi Oluyede, expressed gratitude to President Bola Ahmed Tinubu for finding him worthy of the appointment and prayed for the speedy recuperation of the COAS, Lieutenant General Taoreed Lagbaja.


The Ag COAS solicited support from all personnel of the Armed Forces and  Nigerians in general, in tackling the security challenges bedeviling the country. He pledged his loyalty to the Commander In Chief of the Armed Forces and the Constitution of the Federal Republic of Nigeria.


Highlight of the event was the formal handover of Army Command flag by the CDS, General Christopher Musa to the acting Chief of Army Staff.

 

Until his appointment, Major General Olufemi Oluyede served as the 56th Commander of the Infantry Corps of the Nigerian Army in Jaji, Kaduna. 


A member of the 39th Regular Combatant Course of the prestigious Nigerian Defence Academy, Major General Oluyede was commissioned into the Nigerian Army as a Second Lieutenant in 1992 and rose steadily to the enviable rank of Major General in September 2020. His illustrious career traverse various command, staff and instructional appointments such as Platoon Commander,  Adjutant, Company Commander, Brigade commander, and General Officer Commanding, amongst several other appointments.


He has participated in several operations, including the Economic Community of West African States Monitoring Group (ECOMOG) Mission, Operation HARMONY IV in Bakassi and Operation HADIN KAI in the North East theatre of operations. 


Major General Olufemi Oluyede also earned several honours and awards for his meritorious service in diverse fields of operation.


ONYEMA NWACHUKWU 

Major General

Director Army Public Relations

01 Nov 2024.

More photos below. 








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