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

ALL THE CHILDREN HAVE BEEN TAKEN TO KUJE PRISON BECAUSE THEY CAN'T MEET UP WITH THE BAIL CONDITIONS- DEJI ADEYANJU. (VIDEO/PHOTO).



 Justice Obiora Egwuatu of the Federal High Court in Abuja has granted bail of N10 million each to 67 out of the 76 minors arraigned before the court for participating in the August 2024 #EndBadGovernance protests.


 


Those granted bail, who are below 15 years are expected to present one surety who must be a civil servant.


 


Five of the defendants between the ages of 12 and 15 fainted a few minutes after the commencement of proceedings on Friday, November 1.

Watch video below. 


Minors collapse in court as FG arraigns 76 #EndBadGovernance protesters


There was chaos at a federal high court in Abuja on Friday after some children allegedly involved in the #EndBadGovernance protests collapsed while waiting to be arraigned.


The court had fixed Friday for the arraignment of the defendants who are mostly minors.


At the commencement of proceedings, the children who looked ill and malnourished, were asked to come forward to take their plea.


While some huddled in the dock, others stood outside the dock due to lack of space.


However, four of them hurriedly rushed out of the courtroom after they collapsed and wriggled in pain.


Nigerians embarked on a 10-day protest against economic hardship in August.


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).