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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LASG COMMENCES REPAIRS OF OJOTA INTERCHANGE OF KUDIRAT ABIOLA JUNCTION.{PHOTO}.#PRESS RELEASE.

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       The perennial traffic on Ikorodu road occasioned by the failed portions between Ojota Interchange and Kudirat Abiola Junction will soon be history as the Lagos State Government has mobilised construction giant, Julius Berger to fix the road.
The Special Adviser to Governor Sanwo-Olu on Works and Infrastructure, Engr. Aramide Adeyoye, who made this known today, said the stretch of that road both inward and outward Lagos had defied palliative measures over time, adding that the time is ripe to address all the challenges once and for all to bring succour to the motoring public.
She sought the understanding of road users during the renovation work as traffic will slow down along the affected corridor, noting that effective traffic management measures have been put in place to reduce congestion to the barest minimum.
While appealing for the support and cooperation of general public and road users for any inconvenience the project might cause, Adeyoye disclosed that traffic signs and officers have been deployed to ensure smooth flow of traffic along the axis.
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