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

TRUMP INELIGIBLE TO RUN FOR PRESIDENT OVER ROLE IN CAPITOL RIOT, COURT RULES. (PHOTO).


Trump ineligible to run for president over role in Capitol riot, court rules

Trump ineligible to run for president over role in Capitol riot, court rules
Donald Trump is ineligible to run for president in 2024 because of the Jan. 6 riot at the U.S. Capitol, the Colorado Supreme Court ruled on Tuesday.

The historic decision based on the 14th Amendment, barring Trump from the presidential primary ballot, sets up a battle before the nation’s highest court about the fate of next year’s election.

In a 4-3 ruling that will soon be appealed — and that is likely to inspire fierce criticism from Trump’s supporters and vocal applause from those who have condemned his behavior around Jan. 6 — a majority of Colorado’s seven justices wrote that the former president “engaged in insurrection.”

“President Trump’s direct and express efforts, over several months, exhorting his supporters to march to the Capitol to prevent what he falsely characterized as an alleged fraud on the people of this country were indisputably overt and voluntary,” the justices wrote.

“Moreover,” they wrote, “the evidence amply showed that President Trump undertook all these actions to aid and further a common unlawful purpose that he himself conceived and set in motion: prevent Congress from certifying the 2020 presidential election and stop the peaceful transfer of power.”

In light of this, the ruling states, “[W]e conclude that because President Trump is disqualified from holding the office of President under Section Three, it would be a wrongful act under the Election Code for the Secretary to list President Trump as a candidate on the presidential primary ballot.”

The justices stayed their ruling until Jan. 4, pending appeal.

Three of the judges dissented: Chief Justice Brian D. Boatright and Justices Carlos A. Samour Jr. and Maria E. Berkenkotter.

Boatright, in his dissent, wrote that the “absence of an insurrection-related conviction” against Trump should have called for the case to be dismissed.

Samour wrote that the majority’s opinion “flies in the face of the due process doctrine.”

The ruling follows a monthslong challenge in Colorado to Trump’s ballot eligibility under Section 3 of the 14th Amendment, a Civil War-era constitutional clause that deems former office-holders ineligible from running again if they took an oath to support the Constitution and then engaged in “insurrection or rebellion” against the U.S.

 

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).