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

GOV. ABIODUN ORDERS COW SELLERS, OTHERS TO VACATE LAGOS-IBADAN EXPRESSWAY IN 21 DAYS.(PHOTO).




 Abiodun orders cow sellers, others to vacate Lagos-Ibadan expressway in 21 days


Governor Dapo Abiodun of Ogun State has directed all illegal cow sellers and street traders on road setbacks along the Lagos-Ibadan Expressway to vacate the area within the next 21 days.

The illegal traders are operating at the Kara, Isheri Warewa axis of the expressway.

According to Abiodun, should the traders fail to vacate after the 21-day ultimatum, all their shanties would be demolished for the proper clean-up of the axis.

The governor said the shanties erected by the traders constitute environmental nuisance and security risk to members of the public.

He said the shanties also serve as criminal hideouts for street urchins and drug peddlers, “who rob innocent citizens of their valuables in broad daylight”.

The clean-up, Abiodun disclosed, is in preparation for the beautification of the setbacks to complement the reconstruction of the expressway by the Federal Government.

Abiodun gave the directive in a message delivered on his behalf by the Commissioner for Environment, Ola Oresanya, during a meeting with community leaders at the palace of the Olofin of Isheri, Oba Sulaiman Adekunle Bamgbade in Isheri.

The governor, according to a statement on Sunday, said the decision to dislodge the street traders and demolish all their shanties was to restore environmental sanity after several warnings, abatement notices and other entreaties for them to move to government approved markets failed.

The release by the Press Officer, Ministry of Environment, Rotimi Odunniyi, stated that Abiodun expressed concerns over the continuous stay of the animal sellers and other traders in the “filthy shanties” which he said they have converted to their homes.

The governor noted that the traders now practise open defecation in the illegal market, adding that the development can lead to outbreak of communicable diseases like cholera in adjoining communities.

“So, my government will not wait and allow a small group of individuals in the name of trading outside approved markets put the safety and health of our decent people at risk,” Abiodun emphasised.

Responding, Oba Bamgbola pledged the commitment of the residents to the government’s efforts in ridding the axis of the menace of street traders.

The monarch admitted that the shanties are not only posing environmental challenges, but are being used by criminals to attack innocent residents and other unsuspecting members of the public.

Newsmen reports that the Kara market situated along the Lagos-Ibadan highway is popular for the sale of cows, rams and other animals.

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