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

LAGOS COMPLETES TWO COMPUTERISED VEHICLE INSPECTION CENTRES.

     No automatic alt text available.            Towards the efficient implementation of the Lagos State’s computerized vehicle inspection service initiative, two computerized Vehicle Inspection Centres have been completed at Ojodu-Berger and Ikorodu by the State Government.
The State Acting Commissioner of Transportation, Prince Anofiu Elegushi, who disclosed in a recent interview in his Office, stated that work on the third computerized vehicle inspection centre at Lagos Island is at an advanced stage and that there are plans to build more centres in all the remaining Local Governments and Local Council Development Areas of the State.
Responding to reports that the State’s Vehicle Inspection Officers were back on the roads, the Acting Commissioner reiterated the State Government’s decision to keep VIOs off its roads as earlier pronounced in May this year.
Elegushi stated that the Vehicle Inspection Service (VIS) of the State has since embraced a technology billing system by using Automatic Number Plate Recognition (ANPR), Radio Frequency Identification (RFID) and Central Billing System (CBS) technologies to run its activities in line with global best practices, adding that a pilot project of the new system was billed to take off in the State next week.
He explained that collection of vehicle documentation data such as vehicle license, road worthiness, insurance and others is the duty of Lagos State Vehicle Inspection Service and such information has been synchronized on e-platforms for easy verification of vehicle status on the spot.
The Commissioner noted that any defaulting vehicle owner will, using the data available to VIS, have bills generated through the Central Billing Systems (CBS) and issued for delivery to the defaulter’s home or office address as the case may be.
According to him, harmonizing the road worthiness certificate and MOT test was introduced to further enhance the efficiency of vehicles plying Lagos roads as this would help the State consolidate its movement away from physical and manual inspection of vehicles to the computerized method.
The State Transportation boss seized the opportunity to alert members of the public on the observed activities of officers of the Vehicle Inspection Service of Ogun State in some areas and locations close to the State boundary, stressing that those officers can easily be taken for Lagos Vehicle Inspection Officers as the officers of the service adorn same uniforms nationwide.
To ensure that the situation is remedied, Elegushi said efforts are at advanced stage to clearly identify the Lagos boundary from that of neighbouring States to prevent misconception.He, therefore, urged motorists in the State to continue to support and cooperate with the present administration in making the State safe and secure for all by voluntarily undertaking their responsibilities under extant laws regulating the operation of vehicles among others.
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