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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LAGOS TASKFORCE DEMOLISHES SHANTIES AT REGIONAL ROAD, LEKKI. (PHOTO). #PRESS RELEASE

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 LAGOS TASKFORCE DEMOLISHES SHANTIES AT REGIONAL ROAD, LEKKI


… Impounds 220 Commercial Motorcycles


The Lagos State Taskforce in its bid to curb environmental degradation and excesses on the part of miscreants and criminal elements who erect shanties and makeshift buildings haphazardly round the State, has carried out an extensive clean up exercise along Regional Road in Lekki. 


The exercise, which was led by the Chairman of the Agency, CSP Shola Jejeloye, saw the demolition of shanties across the entire stretch of the Road defacing the metropolis and constituting environmental and safety concerns to residents and commuters in the State. 


CSP Jejeloye described the clearing out exercise as a step carried out by the Agency to restore the environment of the Metropolis to its original master plan and give room for developmental activities which have been witnessed across the state.


“It's no longer news to anyone that there is a concerted effort by the State Government to restore sanity and progression in the State which have been drawn back by the activities of squatters and miscreants who have converted state-owned property to private use. We have been on it for weeks clearing out shanties and recovering properties that have been converted to a haven for criminals and urchins in the State”.


Jejeloye further disclosed that during the process of restoring sanity in Lekki, the Agency impounded 220 commercial bikes popularly known as okada along Victoria Island, Bourdillon, Falomo, Ikeja, Abeokuta Expressway, Ojodu Berger and Fagba in a week-long operation. 


He described the activities of the stubborn okada operators as deplorable and vowed to carry out more traffic enforcement exercises in the coming weeks till they are completely taken off the Highways and restricted


The Chairman assured Lagosians that the activities and operations carried out by the State Government are in the best interest of the citizenry who deserve to live in a safe, serene and habitable environment.


“Shanties are breeding place for criminal elements who come out at night to rob and destroy, therefore they have no place in a Metropolitan City like Lagos. We will ensure that there is no more breeding ground for criminals to run to and by so doing, reduce criminality in the State to the barest minimum”, he stated.

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