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

LASG ARRAIGNS 65 OFFENDERS FOR VIOLATING CURFEW ON JANUARY 1.{PHOTO}.#PRESS RELEASE.

 

The Lagos State Environmental and Special Offences (Enforcement) Unit today arraigned 65 offenders at the Special Offences (Mobile) Court over movement during the 'COVID-19 Midnight Curfew' on New Year’s Day in Lagos.
Chairman of the Agency, CSP Shola Jejeloye disclosed that the 65 offenders were arrested in Lekki, Surulere and Ikeja during a midnight enforcement operations in the early hours of January 1, 2021, as directed by the Lagos State Commissioner of Police, CP Hakeem Odumosu.
CSP Jejeloye disclosed further that 11 vehicles were also impounded for being on the road during the period, stressing that the State Government is determined to sanction any person or organisation caught breaching 'Public Health Regulations and Protocols' on the COVID-19 pandemic.
According to the Chairman, "If we don't do the needful, the spread of the disease will continue unabated. We must also be conscious of the fact that the new strain of the virus spreads faster than the old strain, as such the Lagos State Government will continue to insist and encourage Lagosians to obey all the COVID-19 stipulated protocols”.
He, therefore, urged the citizens to always wear face masks at all times, wash their hands with soap and running water or use hand sanitiser while practising physical distancing in compliance with the COVID-19 safety guidelines.
The Court fined the 65 offenders N20,000 each with additional one hour 'Community Service' after they had pleaded 'Guilty' to the one count charge of breaching the curfew order, while the owners of the 11 impounded vehicles were fined N50,000 each.
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