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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PROTESTERS ISSUE 30-DAY ULTIMATUM OVER OYO/OGBOMOSO ROAD. (PHOTO).

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 Protesters issue 30-day ultimatum over Oyo/Ogbomoso road


Some young protesters have issued a 30-day ultimatum to Federal and Oyo State governments to address hardship of motorists on the Oyo/Ogbomoso highway.

The youths, including students under the National Association of University Students and Ogbomoso Indigenous Associations in Ogbomoso, took to the streets to protest the dilapidated state of the highway for commuters 

Speaking, on behalf of the protesters at the Taki Roundabout in Ogbomoso, the Vice President of NAUS, Tiamiyu Olayinka, frowned at the tragic loss of lives caused by frequent accidents on the route.

He warned failure of government and concerned authorities to meet their demands would lead to more demonstrations and economic losses.

He urged the Federal Ministry of Works and relevant authorities to speed up work to Complete the Ibadan-Ogbomoso Road project to give succor to affected businesses and residents.

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