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

LAGOS STATE AGENCY FOR RESIDENTS REGISTRATION,STORMS FESTAC TOWN YESTERDAY.

                 The Lagos State Agency for Residents Registration {LASRRA} has taken its sensitization programme to Festac Town as part off efforts to ensure adequate participation of more residents in the on going residents registration exercise in the state.The street to street public enlightenment campaign,which took place yesterday thursday,emphasized the importance of registration in creating an updatable database for effective and efficient management of resources for even development.Flyers and hand bills high lighting the essence of the exercise were distributed to youths,traders and passers by in the Festac Town Area of Amuwo Odofin Local Government Area while residents questions were also responded to.Meanwhile,the General Manager ,LASRRA,Ms.Yinka Fashola has been given an award of Icon of Administrative Prudence for her outstanding strides towards nation building,Societal transformation,youth empowerment and emancipation,outstanding service to God,humanity and Nigeria.The Award was presented to her by the initiative for Positive influence on the Youths {IFPIOTY},a Non-Governmental Organisation {NGO} based in Abuja at the LASRRA head office,Agidingbi,Ikeja.One more photo below.                                               

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