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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LG ELECTION: LAGOS ANNOUNCES RESTRICTION OF MOVEMENT+URGES VOTERS TO PERFORM THEIR CIVIC DUTY PEACEFULLY.

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No automatic alt text available.                 The Lagos State Government has announced restriction of vehicular movement in the State on Saturday July 22, 2017 in view of the elections that will hold across the 20 Local Government and 37 Local Council Development Areas (LCDAs) across the State.
In a press release on Sunday by the State's Commissioner for Information and Strategy, Mr. Steve Ayorinde, the restriction of movement across the State will be enforced between 8am and 2pm on Saturday July 22, to allow for a smooth conduct of the polls and unhindered participation.
According to the Commissioner, the State is known for peaceful conduct of elections, and as such, urged residents to be peaceful and orderly on Saturday to cast their votes in their respective wards for Chairmen and councilors who are expected to drive development at the third tier of government.He explained that as the election that will bring on board a new set of public officers for the next four years at the local government level, the restriction will allow the Lagos State Independent Electoral Commission (LASIEC) and the security agencies to distribute electoral materials in good time and ensure the sanctity of free and fair electoral process.
"The police and other security agencies are ready to ensure that the electioneering campaign and the voting on Saturday are conducted smoothly without public disturbance. Every political party, candidates and their supporters and the general public are hereby assured of safety throughout the period of voting and collation.
“However, the government solicits the cooperation of voters and the general public by obeying the restriction order and the general electoral rules in order to ensure a peaceful conduct before, during and after the elections," Ayorinde said.The release also quoted Governor Akinwunmi Ambode as urging Lagosians to perform their civic obligations by trooping out with their Permanent Voters Card (PVC) "to once again demonstrate their belief in the tenets of participatory democracy and the importance of development at the local government level."

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