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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OYO GOVT RAISES LAUTECH DOCTORS' HAZARD ALLOWANCE PAYS 7 MONTHS ARREARS AFTER INVESTIGATION. (PHOTO).

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 Oyo govt raises LAUTECH doctors’ hazard allowance, pays 7 months arrears after investigation


The Oyo State Government, led by Governor Seyi Makinde, has taken steps to address the concerns of the resident doctors at the Ladoke Abiola University Teaching Hospital (LAUTECH) Teaching Hospital in Ogbomoso. 


Following a recent investigation by BusinessDay, it was revealed that the health workers at LAUTECH Teaching Hospital were facing challenges including heavy workloads, stagnant salaries, and a meagre hazard allowance of N5,000.


In response to these concerns, Governor Makinde has implemented an increase in hazard allowance and has settled seven months' arrears for the workers. The President of the Association of Resident Doctors (ARD) at the facility, Dr. David Olaniyan, confirmed this positive development.


Dr. Olaniyan expressed gratitude for the increased hazard allowance and arrears payment and also called for the governor's attention to other pending requests to further enhance service delivery. The health workers appreciate the governor's actions and hope for continued collaboration to improve the quality of service delivery.

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