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

LASG SYMPATHISES WITH VICTIMS OF SEA LEVEL RISE,FLOODING.{PHOTOS}.#PRESS RELEASE.

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    LASG sympathises with victims of sea level rise, flooding
As Env. Comm. Tunji Bello, Joe Igbokwe tour affected areas in Lagos
Lagos State Government on Monday sympathized with residents of the state that have been negatively affected by the rise in sea water level and continuous torrential rainfalls, saying it would do everything humanly possible to mitigate the effect.
Speaking through the Commissioner for the Environment and Water Resources, Mr Tunji Bello who in company of the Special Adviser on Drainage and Water Resources, Mr Joe Igbokwe led other senior officials of the ministry on the tour, stated that more attention is being paid to clog-up canals and other constriction across the state.
Speaking with residents of Osborne Foreshore Estate 1 in Ikoyi, Bello said the unprecedented rise in sea water level was responsible for the flooding of some streets in the Estate.
He explained that the situation was more grave over the weekend , adding that the streets that still remained flooded till now were as a result of depression of the roads which the residents must redress to gain traction.
He advised them against pumping water out of the streets now because the sea level is still high and that until it goes down, nothing much can be achieved.
The Commissioner and his team also visited Gbagada where he inspected several streets including Fred Omojola street where a canal has been affected by tidal waves.
He listed some of the measures to be adopted to include lining of the canal and cleaning up all the drainage channels to allow water flow freely.
He charged the property owners in Gbagada to come together and aggregate all their drainage problems in writing, bringing same forward to the State Government for a roundtable meeting.
The Commissioner and his team were also at Aboru where the team was received by a large number of residents and went on to inspect the canal in the area.
He gave an assurance that the State Government will dredge the Aboru canal as a first step towards safeguarding the lives of residents.
He reiterated his call for all residents to desist from dumping refuse into the drains and endeavour to bag their waste properly for LAWMA to cart away as the Lagos State government is ready to seek a permanent solution to the environmental challenges as soon as the rain subsides.One more photo below.
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