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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GOVERNOR AMBODE APPROVES THE EMPLOYMENT OF 1,200 TEACHERS YESTERDAY.

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                      Lagos State Governor,Mr Akinwunmi Ambode has approved the employment of  1,200 primary school teachers in order to boost the manpower capacity in the State Primary education system.The Chairman of the State Universal Basic Education {SUBEB},Dr Ganiyu Oluremi Sopeyin,who disclosed this in his office today,said that the gesture was part of ongoing efforts of the current administration to improve the quality of education.He explained that successful candidates were selected from a transparent examination process of international standard in order to select the best candidates.While congratulation successful candidates who would be joining other teachers,the SUBEB boss urged them to reciprocate government's good gesture by putting in their best in the State Public Service.He said that the Service has a rewarding system which will compensate them for their hard work,dedication and honesty,hence the need for them to prove their mettle to be recognised.Successful candidates,who had earlier been sent SMS messages,were advised to collect their letter of employment from SUBEB office in Maryland.More photos below.                                    

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