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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EL-RUFAI VS KADUNA ASSEMBLY: COURT HEARING POSTPONED TO JULY 17 FOR RESPONDENTS 'APPLICATIONS.(PHOTO).

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 El-Rufai vs. Kaduna Assembly: Court Hearing Postponed To July 17 For Respondents' Applications


A Federal High Court sitting in Kaduna State has adjourned to July 17th to hear the case filed by the former governor of the state, Nasir El-Rufai, against the State House of Assembly and the Attorney General of the State.


El-Rufai is challenging the House committee’s report which accused him of corruption.


At the commencement of the hearing of the case on Monday, counsel to the first respondent, the Kaduna State House of Assembly,  Sani Katu, SAN, informed the court that they are in the process of filing a notice of preliminary objection, challenging the court’s jurisdiction to hear the case.


The counsel, therefore, requested an extension of time to enable them to file all their applications on the case filed against his client by the applicant, Nasir El-Rufai.


The plea was also advanced by the Commissioner of Justice and Attorney General of Kaduna State, Sule Shauaibu, SAN, who is a defendant in the case.


On his part, counsel to the applicant, Sule Umoru, did not oppose the application for the extension of time.


After listening to all the submissions made by the counsels, the presiding judge,  Justice R.M AIKAWA, adjourned the case to July 17th, 2024, to enable the respondents to file all their applications including the substantive application.


Ex-Governor Nasir El-Rufai had on June 26th, filed a case at the Federal High Court Kaduna to challenge the probe report of the Kaduna State House of Assembly which indicted him for corruption during his eight years of administration.


Among other claims, he asked the court to declare the Assembly report null and void for violating his right to a fair hearing as guaranteed under the Constitution,  since he was not invited by the House to defend himself against all the allegations levelled against him.

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