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

OLAMIDE,OSUPA,HUMBLE SMITH,SALAWA ABENI & OTHERS IS SET TO PERFORM AT LAGOS STREET CARNIVAL.{PHOTO}.

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All is now set for the second edition of the Lagos Street Cardinal scheduled to hold on Sunday 3rd December, 2017, along the entire stretch of the Oba Akran Avenue, Ikeja from 12noon.
The 12 hours Carnival, consisting of Parade of Colours and Music is packaged by the Lagos State Government in collaboration with HEAT Entertainment outfit, as a private sector initiative is expected to set the tone for the Christmas and New Year Celebration.
Permanent Secretary in the Ministry of Tourism, Arts and Culture, Mr. Fola Adeyemi in a statement said the 2017 Lagos Street Party, which has now been rebranded and transformed into Street Carnival, is a private sector initiative with the support of the Lagos State Government packaged to provide fun and Entertainment for the entire family as well as set the stage for the One Lagos Fiesta which is to come up in all the five divisions of the State at a later date in December.
He said the Carnival will witness a parade of colours by representatives of all the 57 Local Government Councils and Council Development Areas and Organized Private Sector participation from Lagos Island and other parts of the State.
The Carnival according to him, will provide fun and entertainment to the family, and would have Kiddies section with variety of over 18 games to take care of their needs, while the adult section will be thrilled with carnival procession and musical performance by “A” list Artistes like Olamide, Terry G, Saheed Osupa, Li Kesh,, 9ice, Humble smith, Salawa Abeni, MC Arole, Malaika, Olu Maintain,, YCee, Reminisce, Big Shef, etc.
Adeyemi said the entire stretch of the Oba Akran Avenue would be closed to vehicular traffic from Ikeja under bridge to Sapara Street and all adjoining roads.
He, however, said that alternative routes have been provided through Ile Zik to connect Ikeja, while motorists can also navigate through Akani Doherty through Ladipo Oluwole, Adeniyi Jones and Aromire road to connect Obafemi Awolowo way.“The Entire Ikeja Axis and adjoining roads would be strategically manned by traffic managers for seamless flow of traffic.
Motorists are therefore advised to avoid these roads and if need be, follow directional signs and obey traffic officials along this route,” he said.
He also said that designated car packs have also been provided at Ikeja Local Government, Old Secretariat Compound, Ikeja, Women Development Centre, Agege and Education District 1 compound.
“Lagosians can be rest assured of maximum security which is to be provided by a combined team of the Nigerian Police, Nigerian Army, Civil Defense, SSS etc. who are all set to maintain law and order.“Lagosians are encouraged to troop out in large numbers and take advantage of this world class event provided by the Lagos State Government, to catch fun and Entertainment preparatory to the One Lagos Fiesta which is to come up for 8 days across 5 venues in all the divisions of the state,” he said.
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