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

ANAMBRA CHIEF JUDGE 'ANYACHEBELU ' DISCHARGES FIVE INMATES,GRANTS BAIL TO FIVE OTHERS. (PHOTOS).


Anambra Chief Judge, Anyachebelu Discharges Five Inmates, Grants Bail To Five Others.



Anambra State Chief Judge, Justice Onochie Anyachebelu has discharged five inmates and granted bail to five others at Amawbia Correctional Centre, to mark the end of this year's jail delivery exercise.

The cases for which they were detained include murder, attempted murder, manslaughter, burglary, stealing among others.

The inmates discharged include Messers Chinedu Nnalue, Ifeanyi Ifekwulugo, Obinna Nwafor, Sunday Matthew and Michael Obiejesi.

While those granted bail were Sunday Nwoye from Ebonyi State, Echezona Ugwueze, Uchenna Mgbike, Arinze Kenneth and Chukwuemeka Ozogbo.

Delivering judgement after taking submissions from officials of the state Department of Public Prosecution, DPP, Anambra State Ministry of Justice, and a social welfare officer at the facility, Justice Anyachebelu charged judicial officials to be more proactive and responsive in the discharge of their duties, so that no innocent person would be incarcerated as a result of official negligence.

Justice Anyachebelu who disclosed that his visit was a routine exercise, said it is one of the responsibilities of any Chief Judge of a state to visit correctional centres once in a year and assured the determination of the state to lessen the plights of inmates awaiting trials at various holding facilities.

The Chief Judge assured that the state's judiciary would administratively ensure that the correctional centres are decongested by reducing the terms of inmates through speedy trials and cautioned those freed to be of good behavior henceforth.

On his part, the Deputy Comptroller of Corrections in the facility, Mr Echezona Okonkwo, represented by the Assistant Comptroller of Correction, Mr Alphonsus Nwana, commended the exercise and said that inmates in the facility are being trained in various skills, urging those who have regained freedom to mend their ways and be useful to the society.

The Chief Judge during the court proceedings, treated over forty cases while those whose cases have appeared before a law court and were adjourned to a close date were asked to remain in custody as they would be tried in a regular court.

Justice Anyachebelu was accompanied by six judges.

More photos below. 




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