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 through its agency,Lagos State Planning and Environmental Monitoring Authority {LASPEMA} has issued contravention notices on some distressed buildings in Ajegunle and some other parts of Ifelodun Local Council Development Area of the State.The contravention notices follows an inspection tour by officials of the agency who decried the unlivable state of over thirteen buildingd in the area which is already structurally unstable.According to the Agency's Acting General Manager,Engineer Olanrewaju Kazeem who led the inspection team to these areas,he bemoaned the state state of these buildings,adding that such buildings are not befitting of the status of the state in addition to the dangers it poses to its inhabitants and neighbours.The Acting General Manager added that the defaulters of such buildings had been issued 48 hours contravention notices,while further compliance monitoring was recommended in some other cases.Kazeem disclosed that the agency is working for a sustainable planning and environmental practice in the state,where dilapidated and inhabitable buildings like the ones in Alayabiagba,Ajegunle would become a thing of the past.According to him ''unfriendly environmental practices like operating mechanic workshops on the road setback and unkempt environment had made efforts of the state government in achieving healthy and sustainable environment less productive.At various sites visited,no evidence of development permits was on ground and no project board erected.It was also gathered that some of the occupants had earlier been asked to relocate but failed to do so''.Speaking with the leader of Hausa Community in the area concerning distressed structures,Alhaji Adamu Abubakar,Sarkin-Hausa of Ajeromi Ifelodun Local Government confirmed the case of a partcular dilapidated building that is still in court without any judgement on it up till now.Following the resolve of the agency to sensitize the public on the standard operating rules concerning planning and all other environmental related issues,the agency provided advocacy handbills to the residents of the areas in a bid to further educate and inform the general public on the required planning environmental guidelines in the state.More photos below. 
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