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

OGUN JUDICIAL PANEL OF INVESTIGATION RECEIVES 20 PETITIONS IN 2 WEEKS.{PHOTO}.#PRESS RELEASE.

 

No fewer than 20 petitions have been received by the Ogun Judicial Panel of Investigation set up to investigate complaints and petitions of victims of police brutality and abuse of human rights by security operatives in Ogun State within two weeks of its inauguration.
The Chairman of the Panel, Hon. Justice Solomon Olugbemi (Rtd) who made this known after a meeting with the Panel members said, "we have received 20 petitions already and sitting starts immediately. The sittings would be transparent and open. Media stations are invited to witness and cover the sittings",
Justice Olugbemi revealed that the maiden sitting of the Panel would hold on Thursday, 5th November, 2020 adding that the panel sitting days would be Mondays, Wednesdays and Thursdays starting by 10am at the Magistrate Court 1, Isabo, Abeokuta.
The Chairman called on members of the public who have complaints to send in their petitions to the Secretary of the Panel or send online to endsarsjudicialpanel@ogunstate.gov.ng assuring that justice would be delivered.
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