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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LASIAMA RESUMES UPGRADING OF LAGOS DIGITAL VILLAGE. (PHOTO). #PRESS RELEASE.

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 LASIAMA RESUMES UPGRADING OF LAGOS DIGITAL VILLAGE


The Lagos State Infrastructure Asset Management Agency (LASIAMA) has resumed the renovation process of the Lagos State Digital Village in Alausa, a pivotal project aimed at enhancing economic development, technology, and community engagement within the state.


According to Ms. Adenike Adekanbi, General Manager of LASIAMA, the renovation of the Digital Village was initially envisioned as a simple facelift but after extensive consultations and detailed planning, the project scope was expanded to include major upgrades, ensuring that the improvements would be far more than just superficial.


She stressed that the strategic shift required additional resources and adjustments to the project timeline to accommodate the comprehensive enhancements planned.


“While it may not be immediately visible from the outside, I am pleased to report that 90% of the renovation work has already been completed”, Adekanbi stated.


She further disclosed that the ongoing upgrades include significant structural improvements such as the reconstruction of the roof, general tiling of all floors - encompassing halls, offices, and lobbies - along with a full overhaul of existing electrical and mechanical fixtures, adding that both walls and floors of all restrooms are being tiled, and a new POP ceiling has been constructed for every floor.


The General Manager further revealed the Agency’s determination to deliver a final product that aligns with both expectations and best practices in facility management.


 “Despite the challenges we face, LASIAMA remains resolute in achieving significant progress on the Digital Village renovation as swiftly as possible”, she  affirmed.


The Agency's commitment to quality and innovation is set to transform the Digital Village into a vibrant hub for technology and community engagement, ultimately contributing to the economic development of Lagos State.


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