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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OGUN GOVT. BEGINS REHABILITATION OF WATER CORPORATION'S DAM AT ARAKANGA WATER WORKS.{PHOTOS}.#PRESS RELEASE.

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As rehabilitation works at the Ogun State Water Corporation's dam site is in top gear, an appeal has gone to the people of Abeokuta and environs to bear with the state government during the period.
Senior Special Adviser to the Governor on Water Resources, Engr. Kunle Otun made the appeal while inspecting the level of work completion of sluice gates rehabilitation at Arakanga Water Works, Iberekodo Abeokuta.
Engr. Otun said the purpose of the project was to ensure that adequate volumes of raw water is extracted from the source to the treatment plants and distribute massively to the growing demands of communities in Abeokuta noting that the appropriate time to successfully achieve the set plan is during the dry season.
On his part, General Manager, Ogun State Water Corporation Engr. Segun Maku assured residents that on completion of the project, every part of the city would enjoy continuous supply of potable water.
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