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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LASCOPA SEALS UP BIG BOSS SUPERMARKET FOR SALE OF EXPIRED PRODUCTS.{PHOTOS}.#PRESS RELEASE.

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     In a bid to ensure the safety of consumers from the purchase of unwholesome products and guarantee their satisfaction, the Lagos State Consumer Protection Agency (LASCOPA) has sealed up Big Boss Supermarket.
The Super Market which is located at Ogunlana Drive in Surulere, Lagos was sealed up on Friday for continuous display and sale of expired products contrary to the provisions of the Lagos State Consumer Protection Agency Law of 2014
Section 4(a) of the Lagos State Consumer Protection Agency Law of 2014 empowers LASCOPA to protect consumers against the marketing of goods and services which are hazardous to the consuming public.
The Chief Magistrate of the Consumer Court in Lagos Mrs. Dani-Oni issued an order in Suit No. MSC/154/19 for the seal up of the supermarket which was executed by officials of the agency
It would be recalled that Monitoring Team of LASCOPA on a surveillance inspection visited the supermarket earlier in the year and discovered expired products on display in the shelf and issued a Compliance Notice to the supermarket.
According to the Agency, during a revisit, another set of expired products were found on the store and the Supermarket Manager called the bluff of the Agency saying they could do their worse.
The continuous display and sale of expired products by the Supermarket necessitated the Court action pursuant to the promotion of Section 4 of the Consumer Protection Law of Lagos State.
The Agency therefore reiterated its commitment to ensuring the safety of consumers from all forms of unwholesome products and charged consumable product producers and marketers to prioritize the interest of consumers.More photos below.
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