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

LAGOS CHIEF JUDGE SWORE IN NEWLY APPOINTED PRESIDENT & MEMBERS OF THE CUSTOMARY COURT YESTERDAY.{PHOTOS}.


      Lagos State Chief Judge, Justice Opeyemi Oke yesterday swore in the newly appointed President and Members of the Customary Court in line with the State government's resolve to improve service delivery in the judiciary system.
Justice Oke admonished the new appointees to let the fear of God be in their hearts as they rule on cases in consonance with the rule of law. She urged them to enshrine justice in their courts according to the native law and custom of the people.
According to her, "As customary court judges and members, you must act with a high level of decorum and within the dictates of your conscience. The fundamental rights, freedoms and principles underpinning our Constitutional Democracy must guide you".
She reiterated the need for them to conduct themselves in a manner that is seen to be above board, noting that any deviation from the prescribed standards or other infringements shall attract the sanction of the Judicial Service Commission.
The Chief Judge cautioned the appointees not to indulge in corrupt practices as the Commission has zero tolerance for same and will be swift to appropriately discipline any officer found culpable after thorough inquiries.
"Let it resonate in your hearts at all times that as Customary Court Judges and members, you are to maintain a high standard of judicial conduct. In addition to good morals, judicial etiquettes and high ideals of conduct, it is equally important that your knowledge of the native law and custom of the people must be exceptional" she stated.
Oke reiterated that "it is now abundantly clear that a Judge who is not fully aware of the law can ruin lives by interpreting the law wrongly and thereafter giving the wrong judgment. It was in the light of this that the Commission conducted a thorough screening from which you emerged as the best candidates based on your track record, integrity, ability and qualifications, and were therefore appointed without any unwarranted interference, whether externally or otherwise".
While noting that the jurisdiction of the Customary Court has been expanded and likewise the volume of cases has also increased significantly, the Chief Judge urged them to enhance their knowledge of the rudiments of case management to attract more patronage by members of the public who principally use the Court as a dispute resolution forum.
Earlier, the Executive Secretary, Lagos State Judiciary Commission, Mrs. Olubukola Salami, expressed confidence that the inauguration of the new appointees would enhance justice delivery at the Customary Court level and ensure speedy disposition of cases.
Salami implored them to maintain a high standard of professionalism, competence and integrity in the dispensation of justice, stressing that such has become necessary as their conduct and carriage would come under public scrutiny.More photos below.

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