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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IKORODU ROAD RECONSTRUCTION: LASG ANNOUNCES PARTIAL CLOSURE OF KETU BRT LANE.{PHOTO}.#PRESS RELEASE.

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     As part of the ongoing reconstruction of Ikorodu Road, (Mile 12 - Ketu), the Lagos State Government has announced that there will be partial closure of a section of the BRT Lane at Ketu for 14 working days, effective from Monday, September 14, 2020.

In a statement issued today by the Honourable Commissioner for Transportation, Dr. Frederic Oladeinde, the partial closure is to allow the contractor handling the project to commence construction of additional Relief Culverts across the road at Ketu Bus Stop from Monday 14th of September, 2020.
He explained that the BRT buses that operate on the Ketu axis will be diverted to the service lane from Oluwalogbon Street Junction during the construction period, adding that the personnel of Lagos State Traffic Management Agency, LASTMA, would be available to direct traffic and ensure the free flow of vehicular movements.
Oladeinde, therefore, solicited for the cooperation and support of the BRT buses that ply the corridor, stressing that the project is aimed at finding a lasting solution to the ever-busy road to achieve objectives of the government's traffic management and transportation policy.

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