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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GOVERNOR OBASEKI RESTORES SANITY TO ROADS IN EDO STATE.{PHOTO}

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DSC_1569              Motorists, traders and residents in Benin City on Thursday commended the Governor of Edo State, Mr. Godwin Obaseki for restoring sanity on the roads in the city with the revamped Edo State Traffic Control and Management Agency (EDSTMA).
Speaking to journalists yesterday, a bus driver at the New Benin area of the city, Mr. Eghosa Omoruyi, expressed delight at the new development and said that the presence of EDSTMA officials will instill fear in bus drivers who are always in the habit of disobeying traffic light.
“I hope to see changes with the new EDSTMA that was commissioned by our Royal Father, the Oba of Benin. I believe they will be different from the EDSTMA of old” he said.
A trader at the New Benin Market, Abubakar Sahidu, commended the Edo State Government for improving the traffic situation in the state. Sahidu said residents will enjoy living in Benin if the re-branded EDSTMA discharges its duty effectively.
He called on the newly recruited men and women of EDSTMA to do their job effectively by putting the interest of the people at heart as they discharge their duties.
Victoria Amarachi on her part said the introduction of EDSTMA is a commitment on the part of the government to improve traffic situation in the state and need commendation from the citizens. She called on the officials of EDSTMA to put in their best and make the government proud.
Areas monitored were Mission Road, New Benin, Aduwawa, Ramat Park, Third East Circular Road, Sapele Road, amongst others.
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