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 CLEARS SHANTIES IN AGUNGI, LEKKI.(PHOTO).#PRESS RELEASE

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 LAGOS TASKFORCE CLEARS SHANTIES IN AGUNGI, LEKKI


In a bid to restore sanity and decorum across various parts of the Metropolis in line with the THEMES PLUS Agenda of the State Government, the Lagos State Taskforce has removed all shanties, makeshift buildings and illegal structures on Agungi Ajiran Road, Lekki, in an intense operation carried out today. 


Speaking at the scene of the clearing out exercise, the Chairman of the Agency, CSP Adetayo Akerele stated that the occupants of all illegal structures in the area had been warned severally and were even served eviction notices 2 weeks ago but decided to remain at the location. 


“Over the years, residents have raised complaints about the increasing activities within the shanties, which contributed to envitonmental degradation, posed security risk, and disruption of neihhbourhood decorum. Despite several notices served to the occupants, they still remained defiant and refused to vacate the area.”


He stated that the illegal structures not only deface the well planned out residential area but also goes against the Physical Planning programmes of State Government along Lekki-Epe axis.


“Their continued presence here has becomes a serious cause for concern thats why our efforts demonstrate the State Government’s commitment to ensuring residential areas remain safe and habitable.” Akerele stated.


The Chairman assured Lagosians that the exercise is going to be continous as more shanties scatterred along other parts of Lekki axis have been served removal notices. He appealed to the occupants to vacate the shanties and pull down any form of illegal structures in those area or risk having them forcefully demolished by the Agency. 


“I admonish residents to report suspicious activities to the Agency though our feedback channels to enable us put a stop to this irregularities that have been spread overtime. If you see something, say something.” He concluded.


Gbadeyan Abdulraheem

Director, Press & Public Affairs

Lagos State Taskforce

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