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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LASG URGES ADMINISTRATORS TO STEP UP SAFETY IN SCHOOLS.{PHOTO}.#PRESS RELEASE.

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 LASG URGES ADMINISTRATORS TO STEP UP SAFETY IN SCHOOLS


The Lagos State Ministry of Education has urged administrators in all public and private schools in the State to step up safety measures towards reducing insecurity and untoward incidences.


The Commissioner for Education, Mrs. Folasade Adefisayo, made the appeal in a statement issued to welcome students, teachers and school administrators to the beginning of a New Year and Second Term of Y2021/2022 School Session in Lagos State.


She directed school administrators to ensure that exposure of students to danger within the school premises are neutralised, while ensuring that all potential danger outside the walls of the schools is escalated to appropriate safety and enforcement agencies through stipulated channels.


Her words: “It is necessary to devise appropriate strategies to advance teachers/students interaction to gain insight and expose negative tendencies before they metamorphose into unfortunate situations. Adequate monitoring, especially as it affects boarding school students, should be instituted to prevent the incidence of bullying and all other vices on school premises”.


The Commissioner reiterated the warning of Governor Babajide Olusola Sanwo-Olu that bullying, cultism and other vices will not be tolerated in Lagos Schools, just as she enjoined school administrators to increase counselling of students against such vices.


All public and private schools in Lagos State are expected to resume for the 2nd term of Y2021/2022 school session on Tuesday, 4th January, 2022, while students in boarding schools are expected back in the hostel by Monday, 3rd January, 2022.


#LASG

#ForAGreaterLagos

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