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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TASKFORCE SETS TO REMOVE SHANTIES BUILT ALONG CANAL SETBACK. (PHOTO)

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 Taskforce Sets To Remove Shanties Built Along Canal Setback


Lagos State Taskforce has served removal notices to squatters and illegal occupants dwelling across various canal setback in the State in an effort to curb the incessant flooding occurrences experienced during heavy downpours in the Metropolis.


The notices which were served to settlers today by The Chairman of the Agency, CSP Adetayo Akerele, were carried out at strategic locations where it has been observed that squatters had built shanties and makeshift buildings too close to drainage system which contravene the laid down physical planning laws of at least 15 feet from the canal setback.


Akerele described the activities of the squatters as a time bomb due to unpredictable climate change experienced across various parts of the world.


CSP Akerele further disclosed that shanties across various canals at Soluyi Gbagada, Gbagada Bus Stop (Beside Atunrashe Estate), Charlie Boy Bus Stop and Bajulaiye canal were all visited by the Agency to notify the occupants of the intention of the State Government to clear out those areas.


Akerele stated that reports had also been received by residents and artisans around Gbagada axis of the illegal activities of miscreants who also make use of the shanties as their hideout from which they set out to perpetrate crimes such as bag  snatching and car vandalism around the area.

More photos below. 



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