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

STOLE FUNDS: COURT DISCHARGED & ACQUITTED EX-GOVERNOR OF SOKOTO AND OTHERS TODAY.{PHOTOS}.

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     Justice Bello Abbas of the Sokoto State High Court today July 31st, 2018 discharged and acquitted the former governor of Sokoto State Attahiru Dalhatu Bafarawa alongside four others on a 22 count charge of Conspiracy, Criminal Misappropriation, Theft and receiving of stolen funds.
The accused now acquitted persons were arraigned on the 16th day of December, 2009 before the Sokoto State High Court.
They include: Beedash Nigeria Limited, Nasdabap Nigeria Limited, Alhaji Nasiru Dalhatu Bafarawa and Alhaji Salihu Maibuhu Gumm
Upon arraignment, they all pleaded not guilty to the 47 count preferred against them by the commission.
Soon after their arraignment, the accused persons filed a motion asking the court to quash the charges against them. The said motion was dismissed by both trial court and the court of appeal.
On the 29th of September, 2011, the prosecution filed an amended 144 count charge against the accused persons.
However, while the case was on going, some of the accused persons were dropped from the charge.
Those initially dropped are, Umaru Kwabo, Kabiru Marafa, Salihu Bakwai, Sambo Danchadi and Adamu Gurori who were all turned to prosecution witnesses. Abdullahi Bida died while Aisha Mohammed Binji was discharged following a nolle prosequi by the then Attorney General of Sokoto State.
Of recent, the current governor of Sokoto State, Aminu Waziri Tambuwal granted a pardon to five out of the remaining accused persons.
Those pardoned by Tambuwal are Alhaji Tukur Alkali, who is the Commissioner for Animal Health and Fisheries Development, Commissioner for Home Affairs, Isa Achida; the Chairman, Governing Board, National Commission for Colleges of Education, Alhaji Maigari Dingyadi; the member representing Isa constituency at the House of Assembly, Alhaji Habibu Modachi; and a Permanent Secretary, Isah Bello.
On the 16th of December, 2017, the prosecution closed its case against the accused persons and the accused persons through their counsels filed an application for no-case submission which was subsequently dismissed by the court on the 31st of January 2018.
During the course of trial, prosecution called a total of 9 witnesses and tendered numerous exhibits while the defence call a total of 6 witnesses and also tendered documentary evidence.
In his judgment today, the judge said throughout the trial, the prosecution witnesses failed to give any hard evidence of conspiracy between the 1st accused person and his co-accused.
The presiding judge added that, most of the evidence given by the prosecution witnesses were based on hearsay. He said there was no documentary evidence to back it up.Based on the above, Attahiru Dalhatu Bafarawa, Beedash Nigeria Limited, Nasdabap Nigeria Limited, Alhaji Nasiru Dalhatu Bafarawa, Alhaji Salihu Maibuhu Gummi were all discharged and acquitted by the court.One more photo below.
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