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

SUPREME COURT VERDICT: GOV AKEREDOLU HAILS JUDICIARY, DEDICATES VICTORY TO GOD.{PHOTOS}.#PRESS RELEASE.

Ondo State Governor, Arakunrin Oluwarotimi Akeredolu, SAN, has hailed the decision of the Supreme Court which upheld his victory at the October 10, 2020 governorship election in the state. 


The Supreme Court, in a majority judgment delivered by Justice Emmanuel Agim, four of the seven-member panel dismissed the appeal by Eyitayo Jegede and his party, the Peoples Democratic Party (PDP) on the grounds that it was incompetent.


Governor Akeredolu hailed the court, explaining that from the Tribunal to the Supreme Court, twelve judges have ruled in his favor and three against him. 


The Governor particularly thanked the Judiciary for not yielding to any influence, adding that the glory of the election petition success is to God. 


He also appreciated his legal team and those of the Independent National Electoral Commission (INEC) and the APC. 


He said: "I have every reason to thank God and appreciate the judiciary for not yielding  to any influence. We can still be proud of our judiciary. The glory of this election petition success is to God Almighty. 


“I want to thank the legal team that has represented us. My team, led by Chief Akin Olujimi and other wonderful lawyers for their wonderful work. We thank the INEC team, Charles Edosanwa, SAN; APC team, Lateef Fagbemi, SAN, Sola Oke and other eminent lawyers."


The Governor again called on Eyitayo Jegede, SAN, to come and join hands with him for the development of the state. 


He said with the judgement of the apex court, the legal tussle has been laid to rest, stressing that it is now time to work more for the people.


Richard Olatunde 

Chief Press Secretary to the Governor of Ondo State. 

July 28, 2021.

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