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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LG/LCDA ELECTIONS: RESTRICTION OF MOVEMENT FROM 8AM-3PM ON SATURDAY.{PHOTO}.#PRESS RELEASE.

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 LG/LCDA ELECTIONS: RESTRICTION OF MOVEMENT


The Lagos State Government has announced restriction of movement across the State between the hours of 8a.m and 3p.m on Saturday, 24th July, 2021.


The restriction is to enable the Lagos State Independent Electoral Commission (LASIEC) conduct hitch-free elections into positions of Chairmen and Councillors in all the 57 Local Governments and Local Council Development Areas.


The restriction will facilitate the ease of movement of the electorate, election materials and LASIEC officials for the sanctity of the election, effective monitoring and enhanced security.


All eligible voters are urged to participate in the elections, which require the cooperation of all residents.


Gbenga Omotoso


Honourable Commissioner for Information and Strategy. 

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