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 APPREHENDS 'ONE WAY' OFFENDERS AROUND AIRPORT ROAD IKEJA.{PHOTOS}

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     Irked by the flagrant abuse of the Lagos State Traffic Laws, Governor Akinwunmi Ambode on Monday evening came down hard on some recalcitrant motorists who drove against traffic along the Muritala Mohammed Airport Road, Ikeja.
Returning from Abuja where he had attended the inauguration of the Presidential Campaign Council, Governor Ambode was shocked at the manner some motorists drove ‘one way’ to beat the traffic along the Air-force Base inward International Airport Road, Ikeja.
He was particularly angry that one of the offenders, an army personnel, who drove a space bus with registration number JJJ 290 AC, would choose to blatantly contravene the law.
The Governor, on sighting the vehicle, alighted from his car and reprimanded the officer for showing a bad example contrary to what the Nigeria Army is known for.
Another offender, who drove a saloon car with registration number LSR 445 ER, also got some schooling from the Governor for breaking the law regardless of the dangers involved in driving against traffic.
Governor Ambode immediately ordered for the vehicles to be impounded, while also directing that the offenders be prosecuted in line with the provisions of the Traffic Laws.More photos below.
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