INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).
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
The Lagos State Government has concluded plans to regulate the operations of all driving schools in the State for effective service delivery,the General Manager,Lagos State Motor Vehicle Administration Agency,Mr. Lateef Lawal disclosed this at the Agency's Headquarter,Ikeja.He also said that a State Standing Committee on accreditation of driving schools operating in the State has been constituted to look into ways of accrediting,regulating and re-registering all existing driving schools.Lawal further opined that part of the Committee's core mandate is to advise the state government in all matters relating to the driving schools operations,monitoring of their activities with a view to ensuring strict adherence to laid down rules and regulations,as well as,ensuring driver's proficiency and safety on the road.He stated that ''The Committee would also liaise with the Association of Driving Schools Owners of Nigeria,which represents driving schools in Lagos State''.Lawal itemised the newly adopted operational requirements to include,securing a certificate or license from the State Standing Committee;accreditation or licensing of driving school instructors after successful participation in a comprehensive training organized by the Lagos State Drivers Institute {LASDRI} in conjunction with Vehicle Inspection services {VIS} and the Federal Road Safety Corps {FRSC}.He expressed dismay at the non-incorporation of most driving schools in Lagos,adding that they must ensure that their training vehicles are road worthy and equipped with basic safety tools such as fire extinguisher,first aid box,tool box,certificate of compliance from Fire Service and also possess specimen documents/particulars for vehicle.The General Manager disclosed that an inspection exercise has been scheduled to commence from Monday 13th June,2016,leading to the compilation of data base of all the accredited driving schools while some schools would have to re-register and some others de-registered.He concluded by stating that henceforth,any new applicant for a driver's licence must pass through accredited driving schools.More photos below. 
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