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

LASG SEALS TOTAL FILLING STATION IN AKOKA TODAY FOR POLLUTION OF WATER.

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     The Lagos State Government has sealed a Total Filling Station in the Akoka area of Lagos State due to alleged pollution of water sources.
The State Commissioner for the Environment, Mr. Babatunde Durosinmi –Etti, who disclosed this at a Press Conference in Alausa on Friday, said that the attention of government was drawn to the issue when the filling station reported the leakage of its underground tank thereby causing concerns of water pollution in the community.
He noted that the government immediately intervened by directing the Lagos State Environmental Protection Agency (LASEPA) to carry out an Environmental Forensic Audit in order to determine the exact source and extent of the pollution. This is in addition to imploring the owners to effect necessary repairs to stop the leakage and resultant pollution of the Environment.
Durosinmi – Etti also called for the decommissioning of boreholes installed by the Station, while urging the management of Total to liaise with the Lagos Water Corporation for the supply of pipe-borne water pending further findings on the incident.While maintaining that the present administration would not hesitate to take any meaningful measure to protect the health and well being of the citizenry, the Commissioner informed that LASEPA had been mandated to monitor and ensure the implementation of the directives given to the owners of the fuel station.
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