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 UNVEILS LEVY FOR INFORMAL TRANSPORT SECTOR TO HARMONISE DUES FROM COMMERCIAL MOTORISTS. (PHOTO).#PRESS RELEASE.

 


LASG UNVEILS LEVY FOR INFORMAL TRANSPORT SECTOR TO HARMONISE DUES FROM COMMERCIAL MOTORISTS

…New consolidated levy collection starts February 1

The Lagos State Government and transportation stakeholders in the State on Tuesday signed an agreement and officially unveiled the ‘Consolidated Informal Transport Sector Levy’ to harmonise dues collected by the government from commercial motorists at parks and garages across the State.

https://lagosstate.gov.ng/blog/2022/01/18/lasg-unveils-levy-for-informal-transport-sector-to-harmonise-dues-from-commercial-motorists/

#LASG
#ForAGreaterLagos 

CAPTION: 

L-R: Lagos State Commissioner for Finance, Dr. Rabiu Olowo; Chairman, National Union of Road Transport Workers (NURTW) Lagos State Chapter, Alhaji Musiliu Akinsanya; State Treasurer, NURTW, Alhaji Mustapha Adekunle; Deputy State Chairman Operation - Road Transport Employers Association of Nigeria (RTEAN), Hon. Albert Omotayo; Chairman, Association of Local Government Chairmen in Lagos (Conference 57) and Bariga Local Council Development Area (LCDA), Mr. Kolade Alabi; Chairman, Lagos Internal Revenue Service (LIRS); Mr. Ayodele Subair and others, during the unveiling of the Consolidated Informal Sector Transport Levy Ticket.

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