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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LOCAL GOVERNMENT ELECTIONS PETITION TRIBUNAL TO COMMENCE SITTING FROM MONDAY.

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No automatic alt text available.                 The Lagos State Local Government Election Petition Tribunal will commence the legal process that enables aggrieved parties and individuals who participated in the Saturday, 22nd July 2017 local government elections seek redress in accordance with the Electoral Law.
A statement released by the Chief Registrar of the High Court of Lagos, Mrs. A. O. Soladoye said the Lagos Division Panel of the Election Petition Tribunal, under the Chairmanship of Hon. Justice A.Olateru-Olagbegi (rtd.) will sit at No. 1 Igbosere Road, Lagos adding that the Registry of the tribunal is located within the same premises.
It stated further that the Ikeja Division of the Election Petition Tribunal, chaired by Mrs. Folasade Adetiba will sit at the Roseline Omotosho Courthouse,High/Magistrate Court, Ikeja with the Registry of the tribunal also situated at the same venue.According to the statement, the Registry of both Tribunals will open to the public from Monday, 7th August 2017 at 8 a.m daily - Monday to Friday.
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