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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WE'LL DETERMINE PETITIONS ACCORDING TO THE LAW - PRESIDENTIAL TRIBUNAL. (PHOTO).

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We’ll determine petitions according to the law — Presidential Tribunal

21st June 2023

The Presidential Election Petitions Court has rejected the application for live transmission of proceedings as made by the petitioners in the court.

In a unanimous ruling on the interlocutory applications, the five-member panel of justices held that the request hinges on policy decision which can only be made by the judiciary.

Both the presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar and the Labour Party (LP), Peter Obi, had separately argued that the live transmission of the proceedings had become necessary due to the public interest and concern generated by the outcome of the February 25 presidential election.

In the lead ruling by the chairman of the panel, Justice Haruna Tsammani, held that the applications lacked merit and ought to be dismissed.

The chairman observed that the applications, which were hinged on sections 36(3) and 39 of the Nigerian Constitution and Paragraph 19 of the First Schedule to the Electoral Act, 2022, which borders on fair hearing, were outside the provisions of the concept and outside the claims brought by the petitioners for the determination of the court.

He said fair hearing involved both parties providing equal opportunity to present their cases before the court and not to dramatise the trial through installing cameras in the courtroom.

“The mere sentimental claim that it (live broadcast of proceedings) will benefit the voters has no utilitarian value on the matters before the court,” he said.

He said nobody could predict the implication of live broadcast of the proceedings, adding, “it is better for the avoidance of the trial by ordeal of live cameras in court.”


 

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