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

FHC ORDERS HOUSE OF REP TO APPEAR IN COURT OVER THE 'WITHIN THE 7 DAYS' INVITE ISSUED TO CUPP SPOKESPERSON IKENGA IMO UGOCHINYERE.{PHOTOS}.

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     Federal High Court orders House of Representatives to Appear before the Court over ongoing Moves by the House of Representatives to invite the Opposition Coalition (CUPP) Spokesperson, Ikenga Imo Ugochinyere to appear before the controversial Henry Nwawuba led House adhoc Committee within 7 days.
...orders the House to stop all deliberation on the matter pending when they appear before the court
The Federal High court sitting in Abuja and presided over by Justice Taiwo Taiwo has ordered the Speaker, House of Representatives to appear within seven days over their ongoing moves to invite the Opposition Coalition Spokesperson Ikenga Imo Ugochinyere to appear before the Henry Nwawuba led adhoc Committee probing the media statements and opposition of the CUPP against Speaker Gbajabiamila Compulsory Vaccination bill which the Speaker is claiming to be offensive.
Justice Taiwo while delivering rulling in the suit brought by Ikenga Imo Ugochinyere reminded the Defendants (Femi Gbajabiamila, House of Representatives, Clerk of the National Assembly and the Inspector General of Police) of the settled position of the law that once a matter is in court parties must not do any act to foist upon the court a situation of fait accompli
The matter has been adjourned to the 27th of May, 2020.More photos below.
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