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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HERDSMAN SENTENCED TO LIFE IMPRISONMENT IN EKITI FOR GRAZING AND SHOOTING FARMER.{PHOTO}

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An Ekiti State High Court sitting in Ado Ekiti on Tuesday sentenced a 32-year-old herder, Muhammadu Abubakar, to life imprisonment for attempted murder.


Abubakar was tried and found guilty on two counts of attempted murder and unlawful possession of firearms.


The charge read in part, “On April 9, 2019, at Aba Cotonou, Omu Ekiti, in the Oye Local Government Area of Ekiti State, the defendant did attempt to murder one Chief Samuel Amaa and others. Found in his possession were a gun and cartridges on the same day.”


The police prosecutor, Taiwo Ajibulu, said the offences were contrary to and punishable under Section 320 of the Criminal Code Law, Cap. C16 Laws of Ekiti State, 2012, and Section 3 (1) of the Robbery and Firearms (Special Provision) Act, Cap.R11, Vol.14, Laws of the Federation of Nigeria, 2004.


The prosecutor called four witnesses.


A witness, in his testimony before the court, said, “The defendant was challenged while grazing on the cassava farm; he was angry for being questioned. He pulled out his gun and fired at the people who challenged him, but they were fortunate it (the bullet) missed them.


“He was later overpowered by residents while trying to escape, following which he was handed over to the police.”


Exhibits tendered included a gun, live cartridges and statements among others.


The judge, Justice Adekunle Adeleye, in his verdict, stated, “The defendant is found guilty as charged. On count one, he is sentenced to life imprisonment, and 10 years imprisonment on count two.”

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