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 DOCTORS SUSPEND STRIKE.{PHOTO}.

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    Medical doctors in Lagos State have agreed to suspend a three- day warning strike which they began on Monday.
The doctors also agreed to resume work at their respective duty posts in various hospitals in the state effective Thursday.
This was contained in a statement signed on Wednesday by the Chairman, Medical Guild Representative Council, Dr Oluwajimi Sodipo.
Sodipo said the doctors agreed to call off the strike after it held a virtual meeting with stakeholders including the state governor , Babajide Sanwo - Olu ; Oba of Lagos , HRM Oba Rilwan Akinolu, amongst others.
He said the doctors observed “ positive change in attitude” amongst relevant government agencies .
The doctors ’ resolutions read, “ The 3 days warning strike should be suspended and work resume by 8am on Thursday 16th July , 2020.
“ The officers committee should continue to engage relevant government agencies on all the issues that precipitated the strike action .
“ The officers committee should call for congress to update on the progress of negotiations .
“ The government should demonstrate sincerity and commitment during the negotiation in order to avert unnecessary and preventable crisis in the health sector of Lagos state . ”Punch.
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