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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KADUNA FILES CRIMINAL CHARGES AGAINST ANGLICAN BISHOP OVER “DEFAMATORY REMARKS” MADE AGAINST NASIR EL-RUFAI, THE GOVERNOR.{PHOTOS}.

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      The Kaduna state government has filed criminal charges against Abiodun Ogunyemi, bishop of Zaria diocese, Anglican communion, over “defamatory remarks” made against Nasir el-Rufai, the governor.

Ogunyemi was arraigned before a chief magistrate’s court in Kaduna on charges bordering on criminal defamation, injurious falsehood and criminal intimidation.
The bishop had in a statement in November 2019, criticised the governor over the planned demolition of St George Cathedral in Zaria.

Ogunyemi had said the governor was being groomed to take over from President Muhammadu Buhari in 2023 but he would never be president.
The government has since rescinded on its plans to demolish the 110-year-old cathedral because of its historical value.
After several interrogations from the police, Ogunyemi was arraigned with the approval of the ministry of justice.
He pleaded not guilty and was granted bail.

A member of the Kaduna Synod and a canon of the cathedral church of St Michael Kaduna stood in as surety.
However, the director of public prosecutions who led the state legal team told the court that there were ongoing consultations which could lead to a peaceful resolution of the case.

John Omughele, counsel to Ogunyemi conceded to the submission of the prosecution.

The magistrate has adjourned the case to October 28, 2020, for continuation.

Credit: The Cable.

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