INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).
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
The Lagos State Government,Mr Akinwunmi Ambode has ordered the closure of all pig farms located in residential areas with the State as part of efforts to prevent health hazards associated with pig farming in residential areas.The closure became necessary owing to several complaints by residents of Taiwo Adewole Street in New Oko Oba settlement,Ojokoro Local Council Development Area,on the unwholesome activities in a pig farm which poses health and environmental hazards to residents of the area.A petition from one Mr Wisdom Uzoma,published in the Punch Newspapers of Tuesday 7th June 2016 climaxed the series of complaints that necessitated Governor Akinwunmi's directive to seal the pig farm immediately.The Commissioner for Agriculture,Mr Toyin Suarau who led a team of agricultural officers in conjunction with men of the Lagos State Task Force to the location said that,''The attention of the Governor has been drawn to the petition by Wisdom Uzoma.adding that the Governor being a responsible and responsive leader,shared the residents concern for a healthy and hygienic environment thus has directed the immediate closure of the farm to forestall the outbreak of any disease.Puttingg an end to the activities of the pig farm has become inevitable especially because of the health hazard posed by the farm to inhabitants of the area.We have not only shut down the pig farm,we have also confiscated some of the animals and ordered that the owner of the farm report to the secretariat,Alausa for negotiation on how to relocate to one of the pig farm settlements or estates within the state or risk all animals being confiscated by friday 10th June 2016''.Suarau noted that the health and security of residents is of utmost importance,he stressed that the present administration will not fold its arms and watch residents sufer from preventable and avoidable health and security mishaps.He opined that the environmental effects associated with pig farming and poultry production include but not limited to groundwater and surface water contamination,air pollution and greenhouse gas emissions,and long running soil toxicity to plants and animals.The Commissioner enjoined members of the public not to relent in their watchdog role by continually informing government of any anomalies seen or experienced that may be dangerous yo health and communal living.He said his Ministry will step up monitoring activities of farmers to ensure that they conform to minimum set standards of farming,adding that efforts are on to fish out more farms that are health hazards to residents of the state.One more photo below. 
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