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 CRACKDOWN AT OBANIKORO BUS STOP: EIGHT ARRESTED IN DRUG BUST. (PHOTO).

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 Lagos crackdown at Obanikoro Bus Stop: Eight arrested in drug bust


In a swift response to growing security concerns, operatives from the Lagos State Environmental Sanitation Corps (LAGESC) have arrested eight miscreants during a major clearance operation at Obanikoro Bus Stop.

Commissioner for the Environment and Water Resources, Tokunbo Wahab in an X post on Friday said this action followed a report made by a concerned citizen, Omotayo Ajadi, who highlighted increasing miscreant activity in the area.

The enforcement exercise, carried out in conjunction with the Lagos State government’s ongoing Zero Tolerance initiative, led to the arrest of eight individuals allegedly in possession of substances suspected to be Indian hemp and other hard drugs.

Wahab said the government has since profiled the suspects and intended to pursue charges under Lagos State laws related to drug possession and public safety.

The operation underscores the state’s commitment to improving security and maintaining a clean, safe environment for residents and commuters.

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