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

POPULAR LADIPO MARKET IN MUSHIN,DEMOLISHED COMPLETELY YESTERDAY INDEPENDENCE DAY.

               Yesterday thursday around 4:30 pm in Mushin popular market called Ladipo market,were in shock when bulldozer and a team of security personnel arrived the market to demolish the market for reconstruction.The exercise continues today friday after traders were yesterday ordered to leave the market with their goods and when they attempted to resist,the bulldozer moved in and started the demolition.Some goods were destroyed as many of the traders were not in their shops because of the Independence Day celebration and public holidays.The traders through their leaders alleged that they were not carried along before the plans to re-construct the market was carried out.They expressed concern over what happened to shop owners in other markets where such reconstruction was carried out and they never got back their shops after reconstruction.It was because of that they resisted the plan and went to a Lagos High Court to obtain an injunction to stop the demolition.Following the order,the traders developer and Mushin Local Government went into discussion and negotiation which led to a truce and the traders,through their BOT chairman,Nnamdi Chukwuka,withdrew the matter from the court.It was gathered that at the meeting it was agreed that the traders would vacate their shops on 1st of October,2015 for work to begin in some parts of the market.It was in line with the agreement that the developer moved in and started the demolition.Though other traders said they had agreed to vacate the market on Sunday 4th of October for work to start on monday 5th of October.One more photo below.                                                                                             

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