INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

Image
  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

PRESIDENT BUHARI: WE WILL EASE THE DIFFICULT CONDITIONS UNDER WHICH JUDGES WORK.(PHOTOS).#PRESS RELEASE.




PRESIDENT BUHARI: WE WILL EASE THE DIFFICULT CONDITIONS UNDER WHICH JUDGES WORK


President Muhammadu Buhari says the degenerate welfare and working conditions of the nation’s judiciary, are “serious and would be treated as such,” even as he cautions on the dire state of the country’s economy “currently battling insecurity, corruption and economic challenges,” aggravated by the COVID-19 and the war in Ukraine. 

Speaking Thursday at the State House, on the occasion of a visit by the chairman and representatives of the Body of Benchers, a body of legal practitioners of “the highest distinction in the legal profession” President Buhari says a democratic government like the one he leads, “standing on a tripod comprising the Executive, Legislature and Judiciary, cannot stand where one of its three pillars, the Judiciary is not properly nurtured, maintained and sustained to deliver on its very pivotal constitutional duties.” 

He therefore promises to act quickly on the report of the committee he set up on his own back in 2018 to review the welfare and working conditions of the judiciary: 

“Let me assure you that the issues would be given due and urgent attention within the resources available to government.” 

The President congratulates the Body of Benchers on the successful completion of the “Benchers’ complex at Jabi,” a building described as impressive that would house the body and provide conference facilities and accepted their invitation to personally commission the structure. 

In his presentation, the chairman of the Body of Benchers, Wale Olanipekun, Senior Advocate of Nigeria, described the condition under which judges, especially the Justices of the Supreme Court work as pathetic, appalling and below the minimum standards that are required:  

“We want to plead with you. We need to bail out the Judiciary. The situation is bad. Let us sympathise with the Judiciary. I know you to have respect, feelings for the Judiciary. You have sympathy, empathy and consideration. The Body of Benchers as elders of the legal profession makes these recommendations to Your Excellency, with a plea that they should be attended to urgently.” 

In his introductory remarks, the Attorney General and Minister of Justice, Abubakar Malami, SAN, made a case for collaboration of the Executive and the Judicial arms, to “open the books to enable both sides see the depth of the decay and know how far to go in putting in place the necessary remedial measures.”

 

 

Garba Shehu

Senior Special Assistant to the President

(Media and Publicity)

July 28, 2022.
More photos below. 






Comments

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

SSANU, NASU THREATEN STRIKE OVER WITHHELD SALARIES. (PHOTO).