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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OGUN GOVT. SYMPATHIES WITH VICTIMS OF ADP ODO/OTA OVER RAINSTORM DESTRUCTION. (PHOTOS). #PRESS RELEASE.

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 Ogun  Govt. Sympathises With Victims Of Ado Odo/Ota Over Rainstorm Destruction 


...says we're in touch with IBEDC for prompt action 


 Ogun State Government said it was in touch with the Ibadan Electricity Distribution Company (IBEDC) to ensure the immediate fixing of poles damaged as a result of rainstorm occasioned by Sunday's downpour in some parts of Sango in Ado Odo/Ota Local Government Area of the state.


The government, in a statement signed by the Special Adviser on Media, Hon. Kayode Akinmade said a team from the state government was in the area on Monday to physically ascertain the extent of damage and to know how to engage with IBEDC, as well as sympathising with victims.


Akinmade noted the cables had not been energized before the destruction, which saved lots of lives.


"Our team went on physical site inspection of the affected area on Monday to ascertain the extent of the damage and to know how to engage with the IBEDC team.


"We are currently working with the IBEDC team led by the Regional Manager and the Technical Head for the Ogun Region. Some of the less affected feeders have been restored and energized while the clean-up of the most affected areas has already started. 


"Most of the poles on the roads have been removed while the remaining will be taken out today (Wednesday). We are working with IBEDC to ensure there will be full restoration of power in Sango Ota before the week runs out.


"The government is not relenting on its effort to make sure that we restore power to Sango Ota and its environs and we can assure the citizens that we are on top on the matter.


"We, therefore,  commiserate  with those whose properties were destroyed by the fallen poles, as the government urged those living in the area to remain calm.


Residents of lyana lyesi, Osuke Town, Egan Road, lyana Ilogbo, Ijaba, Ijagba, Itele, Lafenwa, Singer, Joju, Alishiba, Oju Ore, Tollgate, Eledi, Akeja, Abebi, Osi Round About, Ota Town, Ota Industrial Estate, Igberen, lju, Atan, Onipanu, Obasanjo, Lusada, Arigba, Odugbe, Ado-Odo, Igbesa, Owode. Olokuta, Hanushi, Bamtish Camp Lufiwape, Eltees Farm, August Engineering, Spark Cear Soap Ayetoro, Amazing Grace Oil, Christopher University, Royal Garden Estate were affected by the disaster.

More photos below. 






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