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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MIYETTI ALLAH MEMBERS STORM FHC IN ABUJA TO DEMAND PRESIDENT'S RELEASE.(PHOTO).

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Miyetti Allah members storm Federal High Court in Abuja to demand president’s release. 


Members of the Miyetti Allah Kautal Hore stormed the Federal High Court in Abuja on Wednesday, March 13, to demand the unconditional release of their president, Bello Bodejo. 


Bodejo has been held in the custody of the Defence Intelligence Agency (DIA) since he was arrested on January 23 at the Miyetti Allah’s office in Karu Local Government Area of Nasarawa State over the unveiling of a vigilante group. 

 

The Attorney General of the Federation and minister of justice, Lateef Fagbemi (SAN), on February 5, filed a motion ex-parte seeking to remand Bodejo pending the conclusion of the investigation and arraignment in court.


Justice Inyang Ekwo of the Abuja Division of the Federal High Court granted an order for Bodejo to be remanded for 15 days. At the expiration of the 15 days, the court gave the Federal Government seven days to file a charge against Bodejo. 

 

At the proceedings on February 22, the judge gave the FG seven days to file a charge against Bodejo. 

 

Bodejo’s lawyer subsequently filed a motion for his unconditional release. The motion is slated for hearing today, March 13.

 

Ahead of the hearing, Miyetti Allah members stormed the court with banners that read: “Free Bello Badejo.”

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