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

GOV. ABIODUN SETS UP 'OGWAMA' TO FIGHT DIRTY ENVIRONMENT.#PRESS RELEASE.

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     In order to improve waste disposal and create a clean and healthy environment,the Ogun state governor, Prince Dapo Abiodun has established the Ogun state Waste Management Authority,OGWAMA.
The Governor has also appointed designated Mr Ola Oresanya as Special Adviser to oversee waste evacuation and management in the State.
The Adviser who has since resumed duty told Waste Managers how the new Agency would work at a meeting in Abeokuta Wednesday.
He said henceforth waste Managers in the state must have at least two compatibles, evidence of three years tax payment to the Ogun state government and valid registration with the Corporate Affairs Commission.
Mr Oresanya also disclosed that the agency which would become fully operational in January and would partner with contractors and investors in the sector for optimal performance.
He therefore urged the waste managers to be up and doing as the state government is determined to have a clean, healthy and prosperous environment through the newly established waste management authority.
Also speaking at the meeting, the the Director,Waste in the agency, Mr Akinbode Sofela urged the waste managers to cooperate with the state government in her desire to rid the state of all form of wastes either public,commercial or industrial.
E-signed
Kunle Somorin
Chief Press Secretary to Governor Dapo Abiodun.
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