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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MOHBAD'S FAMILY REJECTS YOMI FABIYI'S CALL FOR PROTEST. (PHOTO).

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 Mohbad’s family rejects Yomi Fabiyi’s call for protest


The family of the late singer Mohbad has kicked against the recent call by actor Yomi Fabiyi for a protest at the next court hearing.

 Mohbad passed away under mysterious circumstances on September 12, 2023.

His body was later exhumed for an autopsy at the Lagos State University Teaching Hospital, LASUTH.

The toxicology report, however, revealed no significant findings that could be attributed to his death.

Rejecting the report, Mohbad’s family demanded an independent autopsy.

Fabiyi in preparation for Mohbad’s one year anniversary, urged the public to peacefully protest at the upcoming court hearing.

He also proposed that a peaceful protest should be organised for the first anniversary of Mohbad’s death to further press for justice.

Reacting to the actor’s call in a statement on Wednesday by a member of its legal team, Monisola Odumosu, the family warned that staging protest within the court environment poses threat to smooth proceedings.

The statement noted that all activities must be conducted civilly to avoid contempt of court.

“Anyone is free to do whatever they wants so far he or she does it within the confines of the law. The Constitution gives everyone the right to express his or her grievances.

“However coming within the court precinct is another issue entirely. They must not make noise. The business of justice in the court must not be disturbed in any manner. Lest they be charged for contempt of Court.

“Our advice is that they should not disrupt the proceedings in the court in any form whilst they exercise their rights,” the statement said.

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