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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NNAMDI KANU ACCEPTED SUPREME COURT JUDGEMENT- IPOB’S LAWYER. (PHOTO).

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Nnamdi Kanu accepted S’Court judgement — IPOB’s lawyer


The leader of the Indigenous People of Biafra, Nnamdi Kanu, has accepted the verdict of the Supreme Court against him, according to IPOB’s Lead Counsel, Ifeanyi Ejiofor.


The apex court had on December 15 set aside a judgment by the lower court that dismissed the terrorism charges against Kanu.


A statement on Tuesday by Ifeanyi Ejiofor, quoted Kanu as saying this during a visit by his legal team led by Mike Ozekhome, SAN.


Ejiofor stated that Kanu accepted the court’s verdict not because the court is perfect, but because he respects its final decision.


The statement partly read, “The eventual verdict of the Supreme Court was conveyed to Onyendu Mazi Nnamdi Kanu, and he expressed reservations about the outcome.


“However, Onyendu elected to accept this outcome because of the finality of the Supreme Court decisions, and not because they are infallible, but because the Supreme Court is the final court in the land.


“Nevertheless, in accepting this verdict, Onyendu specifically requested that the following compelling questions be put out publicly to the discerning members of the public, who are keenly following the trajectory of this case: to wit:


Did the decision of the Supreme Court which substantially sanctioned the Federal Government’s illegal act of Onyendu Mazi Nnamdi Kanu’s abduction and extraordinary rendition to Nigeria, effectively repeal the following Nigerian laws which were all cited in our brief before the Supreme Court?”


Ejiofor said Kanu said he was not being discouraged by his travails.


“Onyendu seized the opportunity offered by the visit to remind Ezigbo UmuChineke that he is not broken by whatever situation he is faced with, but they should be doubly assured that he shall emerge victorious in the end.


“Onyendu once again thanked Ezigbo UmuChineke for your prayers and love, even as he encouraged all to remain focused and keep their eyes on the ball. Onyendu enjoined his followers to continue to conduct themselves peacefully as they have always done,” the statement added.

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