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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LASTMA ANNOUNCES TEMPORARY ROAD CLOSURE FOR RAIL PROJECT.{PHOTO}.#PRESS RELEASE.

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       The Lagos State Traffic Management Agency has announced that there will be a temporary road closure at the Railway Crossing, Yaba from 8:00 pm on Wednesday, October 16, 2019, to 1:00 am on Thursday, October 17, 2019, due to the ongoing track laying for the Lagos-Ibadan Rail Project.
A statement issued by the Agency today, therefore, advised motorists to make use of the following alternative routes during the closure; those going to Tejusoho Street from Herbert Macaulay Way to pass through Yaba or ply Jibowu - Empire - Moshalasi - Ojuelegba to access Tejuosho.
It continued that motorists going to Tejuosho Street from Ikorodu Road should pass through Fadeyi - Dormanlong Bridge - Ojuelegba - Tejuosho; or through Fadeyi - Jibowu - Empire - Moshalasi - Ojuelegba - Tejuosho Street to reach their destinations.
While soliciting for the support and understanding of members of the public for the inconvenience from the temporary closure of the Railway Crossing at Yaba, the release stated that traffic and law enforcement officers will be available to manage the flow of traffic.
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