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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BAYELSA TO RELOCATE COURTS MOVED TO ITS CAPITAL, YENAGOA DUE TO MILITANCY. (PHOTO).

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Bayelsa to relocate courts moved to its capital, Yenagoa due to militancy

14th Jul 2023 

Justice Matilda Ayemieye, the new Chief Judge of Bayelsa says that the courts earlier moved to the state capital due to insecurity caused by militancy is her major priority.

Ayemieye made the pledge shortly after being sworn in as the fourth substantive Chief Judge of Bayelsa after serving in acting capacity for about six months.

According to her, the policy is premised on the return of peace to all parts of the state in the tenure of the Gov Douye Diri led administration in the state in the last three and half years.

“My priority is to take justice closer to the people by relocating all the courts that were earlier moved to the capital in the days of militancy many years ago.

“This is because militancy has drastically reduced due to the measures put in place by the present administration in Bayelsa which has created the enabling environment to take these courts closer to the people," she said.

The Chief Judge explained that the original locations of the courts have been inspected to ascertain the level of work required to make them conducive for dispensation of justice at the doorstep of the citizens.

She noted that the policy would enhance access to justice and bring relief to litigants in far flung riverine communities in Bayelsa who throng the state capital to seek legal redress.

Ayemieye succeeded Justice Kate Abiri, the first substantive female Chief Judge who retired in January after serving for 15 years as Chief Judge.

 

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