INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

Image
  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

LASG OPENS UPGRADED ALFRED REWANE GARDEN FOR PUBLIC USE.


No automatic alt text available.
     The Lagos State Government has opened the upgraded Alfred Rewane Beautified Garden, Ikoyi for use by members of the public within and around the Ikoyi axis.
Speaking at the formal unveiling of the site on Thursday, the Special Adviser to the Governor on Environment, Mr. Babatunde Hunpe described the event as a manifestation of an idea conceived to further consolidate the Smart City Agenda of the State Government.
He noted that the beautification project was a vivid testimony to the State Government’s concern for the environment in line with its determination to show unwavering commitment to solve major environmental challenges in the State.
Hunpe said that apart from meeting the sustainable environment criterion of the Millenium Developmental Goals, the relaxation spot will also help enhance the psychological well-being of the residents.
Also speaking at the event, the General Manager of Lagos State Parks and Gardens Agency, LASPARK, Mrs. Bilikiss Adebiyi-Abiola, disclosed that the upgrade and beautification of the garden were significant because Ikoyi, being one of the highbrow areas of the State, was gradually losing its serenity.
She averred that the project which was developed in line with international standards and best practices will restore the serenity for which Ikoyi and its environs are known for and it will also enhance other beautiful sites around the area.
Giving background information of the expansive garden that sits on 9,174 square meters from Osborne junction through Lugard Avenue to NNPC, Adebiyi-Abiola explained that the site has among other state-of-the-art facilities, garden seats, garden lights, rail guard and ornamental plants amongst others.
She restated that the present administration’s commitment to continually initiate and implement environmental policies and programmes that would enrich the aesthetic nature of the environment.
In her words “Let me state unequivocally that the major objective of various environmental protection laws including the campaign on tree planting, is to achieve a serene, beautiful and healthy State that will guarantee the general wellbeing of the citizenry.”.She added that the current trend in the beautification and landscaping of road setbacks, degraded areas, gardens and open spaces by the Government shows awareness on the part of this administration that a beautiful environment is a peaceful and serene sight to behold.
No automatic alt text available.      

Comments

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

SSANU, NASU THREATEN STRIKE OVER WITHHELD SALARIES. (PHOTO).