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 PARDONS 14 INMATES TODAY AFTER 20 YEARS IN PRISON+COVERTS DEATH ROW FOR 20 OTHERS TO LIFE IMPRISONMENT.{PHOTO}.#PRESS RELEASE.

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     The Lagos State Government, through the Advisory Council on Prerogative of Mercy, on Friday pardoned 14 inmates of the Maximum Security Prison in Kirikiri who have been imprisoned for over 20 years for various offences, while 20 others on death row had their punishment converted to life imprisonment.
Speaking while handing over the order for the release of the inmates signed by Governor Akinwunmi Ambode to prison authorities, the State’s Attorney General and Commissioner for Justice, Mr Adeniji Kazeem (SAN) said the development was pursuant to Constitutional provision which provides for the constitution of an Advisory Council and grants the Governor power to grant clemency to convicted persons on the advice of the Council.
“Prerogative of Mercy is a right recognised under the 1999 Constitution of the Federal Republic of Nigeria (as amended); Section 212(2) of the Constitution provides that the powers conferred on the Governor under Section 212(1) shall be exercised by him after consultation with the Advisory Council of the State on the Prerogative of Mercy as may be established by the Law of the State,” Kazeem stated.
He said the inmates were considered to benefit from the prerogative of mercy after due examination of their case files, which revealed that they have been reformed and ready for re-integration into the society.
Kazeem, who is also a member of the Council, specifically congratulated the inmates, and advised them to be of good conduct outside the prison.
Also speaking, Chairman of the Council, Prof. Oyelowo Oyewo said aside its power under the Constitution, the setting up of the Council also serves as a way of de-congesting the prisons.
He equally congratulated the beneficiaries of the clemency by the Governor, and urged them to avoid acts that led to into prison in the first place.
On his part, the Controller of Prison in charge of Kirikiri Maximum Prison, DCP Emmanuel Oluwaniyi commended the State Government especially the State’s Attorney General and Commissioner for Justice for the efforts to de-congest the prison.
Oluwaniyi, who was newly deployed to the State, saying it was particularly gratifying that he was commencing his stewardship in the State on a good note with the release of inmates who are due to be re-integrated into the society, just as he equally admonished them to be of good conduct outside the prison.Aside Oyewo and Kazeem, other members of the Lagos State Advisory Council on Prerogative of Mercy are Mr. Adedotun Adetunji, Mrs Musili Onasanya, Mr. Olumide Oniyire, Mr. Chris Okoye, Mrs. Bolatumi Animashaun, and Mrs. Yemisi Ogunlola (Secretary).
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