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 ANNOUNCES TRAFFIC DIVERSION FOR MARINE BRIDGE REPAIRS.(PHOTO).#PRESS RELEASE

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In continuation of the repair works by the Federal Ministry of Works on the Marine Bridge, traffic will be diverted on the Bridge from Friday, 10th November till Thursday 21st December, 2023.



Consequently, the following alternative routes will be open to Motorists for the duration of the project:

Scene 1

Motorists heading to Mobil Road from Ijora/Apapa Road will be diverted to Ijora to link the Total Access Ramp inwards Malu Road to connect Mobil Road for their desired destinations.

Scene 2

Motorists going to Ijora/Apapa will be diverted to the Apapa-bound ramp of the Marine Bridge to make a U-turn at Point Road Junction inward Marine Bridge to access their desired destinations.



In the same vein, Motorists can make use of Marine Bridge Access Road to Area B and make a U-turn at Point Junction Road towards Marine Bridge to continue their Journeys.

The Commissioner for Transportation, Mr. Oluwaseun Osiyemi assured that Traffic Personnel from the Lagos State Traffic Management Authority will be deployed to manage traffic flow and minimise inconveniences.



He further appealed to Motorists for their patience while plying the diversion routes.

 

Mr. Oluwaseun Osiyemi,

Lagos State Commissioner for Transportation

 

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