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

OYEBANJI APPOINTS JUSTICE OGUNMOYE AS ACTING CHIEF JUDGE. (PHOTO).


 Oyebanji appoints Justice Ogunmoye as acting chief judge 


Ekiti State Governor, Mr Biodun Oyebanji, has appointed Justice Lekan Adekanye Ogunmoye as Acting Chief Judge of the State.


This is in furtherance of the powers conferred on the Governor by Section 271 (4) of the 1999 Constitution of the Federal Republic of Nigeria (as amended).


The appointment of Hon Justice Ogunmoye takes effect from November 5, 2024.


He replaces the former Chief Judge, Justice John Oyewole Adeyeye, who passed on November 4, 2024.


Born on November 6, 1963, Justice Ogunmoye was called to the Nigerian Bar in 1987 and was appointed a judge on April 1, 2010.


Governor Oyebanji wishes the new Acting Chief Judge a successful tenure.

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