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

THE FINAL FOR THE 2ND MA OBASA CUP FOR SECONDARY SCHOOLS IN AGEGE,TAKES PLACE TOMORROW.{PHOTOS}

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      The final of the 2nd MA Obasa Cup for secondary schools in Agege will take place tomorrow, Thursday, 26 October, 2017 at the Agege Stadium.
The competition, aimed at discovering footballing talents for all categories of the nation's national teams, male and female, is sponsored by the Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa. It is organised by the Lagos State Education District One. It is organised among male and female secondary schools in Agege Federal Constituency covering both Agege Local Government and Orile Agege Local Council Development Area.
The male final will be decided between Lagos Baptist Secondary School, Okeodo Agege and State High School, Mulero, Agege while Government College, Agege will tackle neighbours, Girls' High School, Agege for the female crown.
Already, the third place matches have been decided. Dairy Farm Senior Secondary School beat neighbours, Sango Senior Secondary School to place third in the male category while LABASCO Girls beat Baptist Senior Secondary School to win the third place in the female category.
Rt. Hon. Obasa will lead other members of the House to grace the final matches which starts at 2pm.The state Deputy Governor, Dr Idiat Oluranti Adebule, will be the Special Guest of Honour.
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