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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LAGOS CONCLUDES PALLIATIVE WORK ON IKORODU,MILE 12 ROAD.{PHOTOS}.#PRESS RELEASE.

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     The Lagos State Public Works Corporation (LSPWC) has concluded the palliative road work on Ikorodu Road, Mile 12 inward Ketu ahead of schedule and opened the route for motorists coming from Ikorodu to Ketu and other roads on the axis.
Speaking on the repair work, the General Manager LSPWC, Engr. Olufemi Daramola stated that the corporation decided to double the number of required personnel and equipment for the repairs to ensure early completion of the bad sections of the road earlier scheduled to end by 5.30am on Wednesday 14th August, but was concluded around 12.30pm on Tuesday afternoon.
While expressing his appreciation to motorists for their understanding during the rehabilitation, Daramola noted that apart from the repairs on the main carriage way, the service lane from Mile 12 inward Ketu was also graded for smooth vehicular movement; sections of the service lane from Ikosi Junction to Ketu were also repaired and sealed with asphalt.
According to the General Manager, it is envisaged that the repairs so far carried out will further reduce travel time and alleviate discomfort faced by motorists from Ikorodu axis, promising that the corporation is working tirelessly to ensure all roads are fixed for the benefit of Lagosians.More photos below.
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