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

AMBODE TO SWEAR-IN OKE AS ACTING LAGOS CJ NEXT WEEK MONDAY.

Image result for ambode               Lagos State Governor, Mr Akinwunmi Ambode will next week Monday, September 25, 2017 swear-in Justice Opeyemi Oke as the Acting Chief Judge of the State.
According to a statement by the Chief Press Secretary to the Governor, Mr. Habib Aruna, Justice Oke, who is the most senior judge of the State Judiciary, is to be sworn-in as CJ in acting capacity following the retirement of outgoing Chief Judge of the State, Justice Olufunmilayo Atilade who will attain the statutory retirement age on September 24, 2017.
Justice Atilade had on Monday paid a courtesy visit to the Governor at Lagos House to officially announce her retirement from the State’s judiciary.
Speaking while receiving the outgoing Chief Judge, Governor Ambode pledged his administration’s determination to prioritise the welfare of serving and retired judges in the State so as to enable them continue to give their very best to the economic prosperity of the State.
He said since May 2015, concerted efforts have been put in place geared towards reforms in the judiciary to improve on their service delivery, noting that the Lagos State Judiciary had become a reference point of how the judiciary should run.“Reforms in the judiciary is a continuous thing and in areas, in which we have not done utmost well as you so much envisioned, we would improve on them and we would also ensure that we make life comfortable for our retired judges as you move into that club. I am very particular about the welfare of judges, that is a very sacred institution that we must continue to ensure that even in retirement there is so much for them to look back for the efforts they have made,” Governor Ambode said.
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