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 DECORATED ACTING CHIEF OF ARMY STAFF, MAJOR GENERAL OLUFEMI OLUYEDE WITH THE NEW RANK OF LIEUTENANT GENERAL. (PHOTOS).

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 President Bola Tinubu on Tuesday decorated Acting chief of army staff, Major General Olufemi Oluyede with the new rank of Lieutenant General.


Tinubu Promotes Acting COAS Oluyede To Lieutenant General Rank


President Bola Tinubu has promoted the acting Chief of Army Staff, Maj Gen Olufemi Oluyede, to Lt, General.


The President decorated Oluyede with his new rank conferring effective command authority on him in the Nigerian Army in a short ceremony at the President’s office, Aso Rock, Abuja.


Special Adviser to the President (Information and Strategy) Bayo Onanuga, said in a statement on Tuesday that the President assured the military that his government would always listen to their advice and keep the country on the path of peace and prosperity.


He also commended the military for its unwavering courage, dedication, and patriotism in maintaining the nation’s security.


The President said for while the country is facing challenges progress is being made.


The President attributed the success recorded in tackling terrorism and banditry to the “synergy’’ in the armed forces and urged the service chiefs to sustain harmony in their relationship for the betterment of the country.


Lt. Gen. Oluyede expressed deep gratitude and acknowledged the solemnity of the occasion. He reiterated his commitment to upholding the vision of the Chief of Army Staff, Lt. Gen. Taoreed Lagbaja, and to maintaining peace across the country.

More photos below. 



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