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

OGUN BARS ARTICULATED VEHICLES FROM PLYING OVERHEAD BRIDGES.{PHOTOS}.#PRESS RELEASE

 

The Ogun State Government has barred drivers of tankers and other articulated vehicles from using overhead bridges in the State, as it announced that it will put in place strict penalties for any of such vehicles.
The Governor, Prince Dapo Abiodun who made this known during an on-the-spot assessment of the fire incident that occurred in Kuto, Abeokuta, when a tanker loaded with Premium Motor Spirit lost control as a result of brake failure, leaving three people dead, six injured and seven vehicles burnt.
According to the Governor, ‘’we will put in place very strict penalties for any tanker driver caught on any of these bridges. This is one of the measures that the Ministry of Transportation will be rolling out in the next few days."
Abiodun, who noted that his Administration would also emphatically ensure that tankers and other articulated vehicles are roadworthy, added that the State Transport Team would embark on an exercise to ensure that all articulated vehicles have adequate safety equipment, as well as ensure that their vehicles are properly maintained.
He described the accident as an unfortunate event, saying that three of the six injured have been admitted at the State Hospital, Ijaye and Federal Medical Centre, Idi-Aba respectively, just as Government has invited burn specialists from Lagos to attend to those with severe burns.
Prince Abiodun regretted that a bridge constructed to solve one problem has ended up creating another, adding that the State Government would carry out a comprehensive role in tackling the menace.
While commiserating with families of those who lost loved ones, Governor Abiodun pledged that his Administration would ensure that those who sustained injuried are taken care off and those whose properties were affected are assisted to ameliorate their losses.

The Governor also visited the injured at the State Hospital, Ijaye and the Federal Medical Centre.
The accident claimed three lives, injured six, with seven vehicles including the tanker and motorcycles which were burnt by the raging fire. More photos below.

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